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Australia bars Blockchain Global director from leaving country
Australia's corporate regulator said on Wednesday the federal court has barred failed cryptocurrency exchange firm Blockchain Global's director, Ryan Xu, from leaving the country until December 20. The Australian Securities and Investments Commission (ASIC) applied for the court orders on an ex parte basis, which means that Xu has not yet had the opportunity to be heard by the court or respond to ASIC's application. "The matter is next due before the court on October 30, 2025, for an inter partes hearing," the regulator added in its statement. The ASIC is currently investigating Xu's connection with Blockchain ... (full story)
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