Latest News and Articles about Australian Court
Australian Court Shuts Down NGS Crypto for Unlicensed Operations and Investor Fraud
Australian Crypto Firm NGS Crypto Shuttered by Federal Court Over Unlicensed Operations Imagine pouring your life savings into a crypto firm dangling the carrot of 16% annual returns, only to watch it vanish into the digital ether. For over 450 Australians, this nightmare became reality with NGS Crypto, a Gold Coast-based platform that marketed itself […]
Read MoreAustralian Court Declares Bitcoin as Money, Sparks Tax Refund Debate
Australian Court Ruling Sparks Debate on Bitcoin Taxation: Potential Billions in Refunds on the Line In a landmark case, an Australian court declared Bitcoin a form of money, akin to the Australian dollar, sparking a debate over the taxation of cryptocurrencies and potentially leading to billions in refunds for crypto investors. Bitcoin classified as money […]
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