New Zealand's Serious Fraud Office has closed its investigation into cryptocurrency trading platform Digital Asset Exchange Ltd, which trades as Dasset, after determining there was insufficient evidence to support charges of serious or complex fraud. The investigation began in December 2023 following a referral from the Financial Markets Authority. The Serious Fraud Office also warned that cryptocurrency remains a high risk, unregulated investment and directed prospective investors to the Financial Markets Authority's guidance.
2026-09-08Serious Fraud Office
New Zealand's Serious Fraud Office closes Dasset investigation after finding insufficient evidence for fraud charges
New Zealand's Serious Fraud Office has closed its investigation into Dasset after finding insufficient evidence to support serious or complex fraud charges. The investigation began in December 2023 following a Financial Markets Authority referral.