Bitcoin Group Delays ASX Listing, Claims Australia's Prime Minister Is Not A Shareholder

Bitcoin Group Delays ASX Listing, Claims Australia's Prime Minister Is Not A Shareholder

Bitcoin Group has delayed its Australian Securities Exchange (ASX) listing due to issues with the Australian Securities and Investment Commission (ASIC) over indications that Australian Prime Minister Malcolm Turnbull is a shareholder and misstatements about the company's profitability, according to The Sydney Morning Herald. The company, a bitcoin miner, has postponed its listing date to Dec. 11, 2015. The company said it retracts any suggestion that Turnbull personally invested in its IPO. Turnbull Demonstrated Placing A Bid. Australian Prime Minister Malcolm Turnbull. Bitcoin Group....


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Bitcoin Group delays listing on Australian Securities Exchange

Australia-based startup Bitcoin Group has delayed its listing on the Australian Securities Exchange (ASX) after it found itself in trouble over doubts raised by the corporate watchdog on the involvement of the Australian Prime Minister Malcolm Turnbull and also on, what the company thinks were, the "misstatements" about the company's profitability. Bitcoin Group has already received the approval of Australian Securities and Investment Commission (ASIC) on 4 September 2015 for an AU$20 million public offer. With the new developments, now the company has now set its eyes on 11 December 2015....

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