Australian Securities and Investments Commission (ASIC) in November 2022 sued the fintech company Block Earner. ASIC alleged that both the Earner and DeFi Access products offered by Block Earner required a financial services license, as they were classified as managed investment schemes. Managed investment schemes are arrangements where investor funds are pooled together to purchase The post Australian Court Overturns Fine Ruling On Block Earner, Here’s Why appeared first on CoinGape .