ASIC cancels FTX Australia’s license amid escalating crypto regulation
Australian regulators have lately increased efforts to regulate the cryptocurrency industry.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Friedberg allegedly misused company funds, created corporate entities and false agreements to hide that abuse, and suppressed whistleblowers' complaints.
FTX is holding early discussions with investors and considering different structures for relaunch, including a joint venture.
The planned sale was expected to conclude with a nine-figure deal.
Four media giants continue to fight to unseal the names of FTX's nearly 9 million users in accordance with typical disclosure requirements.
FTX described SBF as a "profligate patron" of high-profile networker Michael Kives and his co-founder Bryan Baum.
The SEC agreed to defer its claim against BlockFi, which is owed as a penalty, to ensure investors are repaid in full without delay.