{"id":743841,"date":"2026-08-13T06:10:25","date_gmt":"2026-08-13T03:10:25","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/asx-shareholder-plans-to-sue-former-directors-over-failed-blockchain-project\/"},"modified":"2026-08-13T06:10:25","modified_gmt":"2026-08-13T03:10:25","slug":"asx-shareholder-plans-to-sue-former-directors-over-failed-blockchain-project","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/asx-shareholder-plans-to-sue-former-directors-over-failed-blockchain-project\/","title":{"rendered":"ASX shareholder plans to sue former directors over failed blockchain project"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/courtroom-court-lawsuit-justice-jurisdiction-breaking-news-1.jpg\" alt=\"ASX shareholder plans to sue former directors over failed blockchain project \" class=\"type:primaryImage\"><\/p>\n<p>ASX\u2019s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market.<\/p>\n<p>An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul.<\/p>\n<p>On Wednesday, ASX<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.asx.com.au\/content\/dam\/asx\/about\/media-releases\/2026\/44-12-august-2026-notice-of-proposed-statutory-derivative-action-application.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"> said<\/a> Rosherville Pty Ltd had notified the exchange that it proposes to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly for leave to commence a statutory derivative action under sections 236 and 237 of Australia\u2019s Corporations Act. If approved, Rosherville would bring the proceedings on ASX\u2019s behalf.&nbsp;<\/p>\n<p>The exchange said there were no allegations against ASX itself. It did not identify the former officials targeted, describe their alleged breaches in detail or disclose the remedies Rosherville intends to seek, while the court has not considered whether the proposed case can proceed.&nbsp;<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/asx-shareholder-lawsuit-failed-blockchain-chess-project?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASX\u2019s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market. An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul. On Wednesday, ASX said Rosherville Pty&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-743841","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/743841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=743841"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/743841\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=743841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=743841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=743841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}