🦘 Aussie fintech Block Earner dodged a hefty fine despite offering a crypto yield-bearing product sans license. The Federal Court ruled that the firm "acted honestly", even though it didn't have a financial services license. The company's CEO, Charlie Karaboga, said they had sought legal advice before launching, which showed their good faith. The court agreed, shooting down a proposed $234,000 fine. But it's not all shrimp on the barbie for Block Earner. The firm still suffered "reputational damage" and lost a lot on legal fees. Meanwhile, the Australian Securities and Investments Commission is reviewing the decision. So, the saga continues, mate!