Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Australian Securities and Investments Commission v NGS Crypto Pty Ltd (No 2) [2024] FCA 521 File number: QUD 178 of 2024
Judgment of: DERRINGTON J
Date of judgment: 30 April 2024
Date of publication of reasons: 17 May 2024
Catchwords: PRACTICE AND PROCEDURE – application for variation of orders made ex parte – where orders included freezing orders over digital currency assets of the defendants – whether sixth defendant should have access to frozen assets to meet expenses including living expenses and reasonable legal costs – orders varied
Cases cited: Australian Securities and Investments Commission v NGS Crypto Pty Ltd [2024] FCA 373 Clout (Trustee) v Anscor Pty Ltd [2001] FCA 174 Vasilaras & Co Pty Ltd v Laprese (2019) 58 VR 155
Division: General Division
Registry: Queensland
National Practice Area: Commercial and Corporations
Sub-area: Regulator and Consumer Protection
Number of paragraphs: 35
Date of hearing: 30 April 2024
Counsel for the Plaintiff: Mr R Micairan
Solicitor for the Plaintiff: Australian Securities and Investments Commission
Counsel for the First to Fifth Defendants: The First to Fifth Defendants did not appear
Counsel for the Sixth Defendant: Mr S Russell
Solicitor for the Sixth Defendant: Gadens
Counsel for the Interested Persons: Mr C Wilkins KC
Solicitor for the Interested Persons: HopgoodGanim Lawyers
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