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ASIC roundup: Cbus ordered to pay A$23.5m, actions on EOS and its CEO

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities and Investments Commission’s latest actions and news, November 24 – 28, 2025.

Contempt action against David McWilliams and Laura Fullarton – November 27, 2025

David McWilliams and Laura Fullarton, who ran the ALAMMC Group of companies, have allegedly breached freezing orders by moving hundreds of thousands of dollars from frozen bank accounts, ASIC alleges in new proceedings in the Federal Court.

The Federal Court made