![Crypto firm Helio Lending gets bond sentence over false license claims](https://i0.wp.com/i-invdn-com.investing.com/news/Cryptocurrencies_800x533_L_1556444923.jpg?w=840&ssl=1)
Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming it had a local credit license.
On Aug. 17, the Australian Securities and Investments Commission said Helio was sentenced to a non-conviction bond of 15,000 Australian dollars ($9,600) on condition of good behavior for a year.
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