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AAP
AAP
National
Miklos Bolza

EXPLAINED: Asic loses case over comparison site s crypto service | Rare Historical Photos

ASIC has lost its case alleging Finder offered a financial service without a licence. (Britta Campion/AAP PHOTOS)

The corporate regulator has suffered a costly legal loss after a judge ruled comparison website Finder did not offer an unlicensed financial service via its crypto exchange.

Finder successfully defended a lawsuit brought by the Australian Securities and Investments Commission seeking penalties over its Finder Earn product.

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