Instagram lockdown as ASX Wolf agrees to temporary shutdown

Liam Walsh and Jemima Whyte

Dec 17, 2021 – 4.06pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

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.

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.

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.