Will ASIC win against Web3 Ventures in the Block Earner appeal?

Australian Securities and Investments Commission v Web3 Ventures Pty Ltd

Appeal about whether Web3 Ventures' Block Earner crypto-related product involved a regulated financial product and whether relief from liability should be available.

Win

33.3%

Gross pool: $0.00
Contracts: 0

Lose

33.3%

Gross pool: $0.00
Contracts: 0

Settle

33.3%

Gross pool: $0.00
Contracts: 0

Case Details

Plaintiff: Australian Securities and Investments Commission
Defendant: Web3 Ventures Pty Ltd
Court: High Court of Australia
Docket: M137/2025

Source docket

Resolution Rules

Perspective party: Australian Securities and Investments Commission
Rules: Win means the High Court allows ASIC's appeal in whole or in substantial part and grants relief that materially improves ASIC's position against Web3 Ventures. Lose means the High Court dismisses ASIC's appeal or otherwise leaves ASIC with no materially improved result. Settle means the High Court proceeding ends before judgment through settlement, consent orders, discontinuance following settlement, or an equivalent negotiated resolution.
Source of truth: High Court of Australia final orders and reasons in case M137/2025, or an official discontinuance or settlement notice.