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Instagram lockdown as ASX Wolf agrees to temporary shutdown

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Tyson “ASX Wolf” Scholz has temporarily shut parts of his business amid regulatory action, while locking down an Instagram account of his Lamborghini-driving lifestyle, sharetrading and stockmarket classes.

The Federal Court in Brisbane cancelled a planned hearing on Friday against Mr Scholz after he and the Australian Securities and Investments Commission consented to temporary restraints. That included not promoting his business nor using any customer funds.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/instagram-lockdown-as-asx-wolf-agrees-to-temporary-shutdown-20211216-p59i6b