#区块链快讯 🚀
The Australian Federal Court ruled that Bit Trade violated its design and distribution obligations and acted as a credit institution without a license. ASIC filed a lawsuit against it last year, accusing it of launching margin trading products without a clear target market. The court ruled that Bit Trade violated the law and ASIC will seek financial penalties. Although Kraken was disappointed with the ruling, it said it would comply with the court's decision.
What do you think of the impact of this ruling on the market? Feel free to share your views in the comments section!