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ASIC roundup: A$20,625 penalty for audit issues, and action against blockchain mining companies

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GRIP Montage: ASIC/Getty Images

Martina Lindberg

5 min read
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The Australian Securities & Investments Commission’s latest actions and news, April 2 – 12, 2024.

Civil proceedings against blockchain mining companies – April 12, 2024

Civil proceedings have commenced against blockchain mining companies NGS Crypto Pty Ltd, NGS Digital Pty Ltd and NGS Group Ltd (NGS Companies) and the sole directors Brett Mendham, Ryan Brown and Mark Ten Caten.

On April 10, 2024, Anthony Connelly, Kathy Sozou, and

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