Australian fintech firm Block Earner has been spared from paying a hefty fine by the federal court, despite offering a crypto yield-bearing product without a financial services license. The court found that Block Earner had acted in good faith, having sought legal advice before launching the product. However, the company's CEO, Charlie Karaboga, noted the reputational damage and significant legal costs incurred. The Australian Securities and Investments Commission is currently reviewing the court's decision.