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To put it into some context, Lifestyle Trader were forced by ASIC to offer clients a refund and sign an EU, their brand was ruined. They didn't offer clients a refund. They claim bankruptcy, cut staff, owe debt etc and Aussie Rob puts out a media statement that they have called in their own liquidator. The business at some point is rebranded/transferred as Investment Capital Systems with the head of it Adam Prideaux formally a general manager at lifestyle trader. ICS are initially using the Lifestyle Investor AFSL but it gets suspended by ASIC. So they set up a separate AFSL agreement with their broker to continue business. Than ASIC on the 16th of April go to court to have the Lifestyle Trader business wound up (Morton’s Solvency Accountants) because they were concerned to ensure that the assets are secured and distributed to creditors in an orderly manner. And they state ASIC’s investigations are continuing.