October 25, 2022 BY Steffy Bogdanova

ASIC takes legal action against BPS Financial for alleged misleading statements about Qoin

ASIC Deputy Chair Sarah Court said: We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining, and that there have been periods of time where it was not possible to exchange Qoin tokens through independent exchanges. ASIC is particularly concerned about the alleged misrepresentation that the Qoin Facility is…

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