Finder Wallet sued for alleged unlicensed conduct and inadequate risk disclosure over Finder Earn product

ASIC has commenced civil penalty proceedings in the Federal Court against Finder Wallet Pty Ltd, a subsidiary of comparison website Finder.com, for allegedly providing unlicensed financial services, breaching product disclosure requirements and failing to comply with design and distribution obligations (DDO) in relation to its crypto-asset related product Finder Earn. ASIC Deputy Chair Sarah Court …

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