🚀 **Blockchain Blunder Down Under!** 🇦🇺

The Australian Securities Exchange (ASX) is in hot water! ASIC has taken them to Federal Court, claiming ASX misled everyone about their ambitious blockchain project. ASX had promised their new system was "on track" for an April 2023 launch, but ASIC says it was more like a train wreck in progress. 🚂💥

ASX spent a whopping $170 million before hitting the brakes in November 2022. Now, they're back to the drawing board with conventional tech.

What do you think? Was blockchain too ambitious or just poorly managed? Drop your thoughts below! 👇