Sean Russell

Hong Kong-based NGS Crypto Group and its director have lost their bid to undo receivership and freezing orders made amid concerns about dissipation of assets as ASIC investigates whether hundreds of Australians who sank $21.1 million into the crypto firm were misled about the safety of their investments.

A Queensland lawyer who sold unlawful payday loans through a sham diamond trade has lost a battle to renew his practicing certificate, with an appeals court tossing as baseless his claim that he was the victim of autism discrimination.