According to a regulatory document, Australia’s markets regulator internally discussed FTX’s launch in Australia around March 2022, raising concerns about return on investment claims. The Australian Securities and Investments Commission (ASIC) published 56 documents on Monday, revealing that ASIC had flagged an article in the Australian Financial Review about FTX’s Australia launch. According to the article, FTX will allow traders to buy crypto assets with margin loans worth up to 20 times their investment.
