Business

Metigy founder David Faithful pleads guilty to misleading investors and dishonesty over his AI adtech startup

- November 4, 2025 2 MIN READ

David Fairfull, the cofounder and former CEO of failed marketing startup Metigy has pleaded guilty to two charges in a prosecution brought by the Australian Securities and Investments Commission (ASIC). A year after first appearing in Federal Court in the ASIC case, and facing five counts of making false and misleading statements, plus one count… Read more »

Funding

ASIC halts crowdfunding campaign for Hirehood amid share type concerns

- June 13, 2024 2 MIN READ

Corporate regulator the Australian Securities and Investment Commission (ASIC) has issued its first interim stop order over a crowd-sourced funding (CSF) campaign. ASIC intervened in the raise for Hirehood, an hire marketplace for holiday items such as surfboards, bikes and baby equipment, on the VentureCrowd platform. The regulator’s concern is over the structure of shares… Read more »