This belongs in the Treasure Trove with a shout out to...

This belongs in the Treasure Trove with a shout out to @ChillingOut

"179 Insofar as ASIC submits that a Jones v Dunkel inference is available against Mr Karantzis by reason of his failure to appear and give evidence to answer ASIC’s allegations, I accept that this is so. In all the circumstances, however, the drawing of the inference that any evidence Mr Karantzis might have given would not have assisted his case is unnecessary. Mr Karantzis’ contravention of s 180(1) of the Act is established on the basis of the available evidence as described above.

180 It follows that there should be a declaration that Mr Karantzis has contravened s 180(1) of the Act."

@ChillingOut pointed out repeatedly - and correctly - during the hearing, that despite wotshisname's tricky twitter shennanigans during the hearning, failure to appear wouldn't do him any favours.