Block Earner

Highlights: Block Earner has lost a unanimous High Court appeal over its former fixed-yield crypto product. ASIC’s win sends the penalty issue back to the Full Federal Court. The ruling says existing financial product laws can cover crypto yield offerings. […]

Highlights: Block Earner provides Bitcoin-backed home loans without requiring asset liquidation. BTC allows the borrowers to fund up to 50% of the property price. Crypto is under consideration by the U.S. regulators to be used for mortgage eligibility. Block Earner […]

Highlights: The Australian federal court ruled Block Earner “acted honestly” despite offering unlicensed crypto yield products. Block Earner avoided a $234,000 fine, though it suffered reputational damage and incurred substantial legal fees. ASIC is reviewing the court’s decision to dismiss […]