The Australian court fined the operator of the cryptocurrency exchange Kraken 8 million Australian dollars for violating market rules. Bit Trade, which manages Kraken Australia, was found guilty of failing to comply with design and distribution obligations. ASIC criticizes the company's actions, noting that more than 1100 Australians were harmed by unfair products. 🧐 This is ASIC's first fine for the absence of TMD, highlighting the importance of adhering to regulatory standards.