Thursday, 15 October 2026

Processor Press

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ASIC’s $200 M Curtain‑Call: White’s Blackout‑Period Sale Saga Wraps, One WiseTech Employee Still in the Spotlight

ASIC’s $200 M Curtain‑Call: White’s Blackout‑Period Sale Saga Wraps, One WiseTech Employee Still in the Spotlight

ASIC has closed its insider‑trading investigation into billionaire Richard White’s $200 million share sales made during a blackout period at WiseTech.

While the billionaire’s transactions are now cleared, the regulator confirmed that one WiseTech employee remains under investigation.

The employee’s identity has not been disclosed, leaving the market to wonder whether the remaining probe is a footnote or a sequel.

The decision caps a saga that has felt like a theatrical production – the curtain falls on the main act, but the understudy is still on stage.

if this one landed.