Wu Shuo has learned that the Federal Court of Australia has ruled that blockchain mining companies such as NGS Group and NGS Crypto are operating without licenses and running unregistered investment schemes, involving over 450 investors and approximately AUD 59 million in funds. The court has ordered compulsory liquidation and permanently banned them from conducting financial services. The court pointed out that the companies severely violated the Corporations Act and lacked credibility in managing investors' assets, with some funds coming from self-managed superannuation funds (SMSFs), increasing the risk.