ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

ASIC has launched a formal inquiry into the Australian Securities Exchange (ASX) following the $164 million collapse of its blockchain-based CHESS replacement project. The probe will examine the ASX group’s governance, risk management, and operational capability. A panel of independent experts has been appointed to lead the investigation, with findings expected in early 2026.Inquiry Launched After Blockchain Project FailureThe Australian Securities and Investments Commission (ASIC) announced in a press release the formation of a panel to investigate internal frameworks at the ASX source: https://cryptonews.com/news/asic-targets-asx-164m-blockchain-disaster-sparks-expert-panel-probe/