Honestly the market has overreacted a lot with the stock. The only issue i see (minus a fine) is Austrac asking to implement measures after this "120 day review" that will cause friction with the checkout process for customers.
Afterpays success comes down to 4 simple things
Friction less checkout for customers Protecting merchant from fraud No interest on purchases Ability to pay nothing or 1/4th upfront
of course as i have previously stated there is only one company that provides Frictionless Dynamic KYC/AML and that is isignthis (isx) afterpay could even remove the license check they have and make the signup process even quicker.
Anyway all in all i still believe this stock is going to $30 by sometime next year regardless of the outcome.