Crypto firm Helio Lending gets bond sentence over false license claims By Cointelegraph

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.