Treasure Trove, page-1017

I left 17 out to shorten and simplify things for you. Whether you deem them hardcore witnesses lol or not... ASIC called witnesses that were persuasive (and maybe others find hardcore??) and were able to convince His Honour on the majority of their case. Those Borksy assertions, became facts when His Honour gave the judgement.

Here's an extract from the 'Summary' that is generated in high profile cases like this for simple people like yourself:

"In relation to Mr Karantzis, the Court has concluded that he has contravened s 180(1) of the Act in respect of representations he made during the One-off Revenue period and by reason of his conduct during part of the Visa termination period. The Court has also concluded that Mr Karantzis contravened s 674(2A) of the Act by reason of his involvement in iSignthis’ contravention of s 674(2) of the Act during the One-off Revenue period. Finally, the Court has concluded that Mr Karantzis contravened ss 1309(2) and (12) of the Act by giving information to the ASX that was false or misleading and which omitted matters that, by their omission, rendered the information misleading, on one occasion in May 2020 in the context of the Visa termination, but not the second occasion which was the subject of ASIC’s allegations.

Insofar as the allegations against Mr Karantzis concerning the achievement of the performance milestones on 30 June 2018 are concerned, that is to say the breaches of ss 182(1)(a) and 181 of the Act, the Court has concluded that ASIC has not made out its case against Mr Karantzis in relation to these allegations."

Keep on bagholding Crint lol