Australian securities and investment commission (ASIC) useless

I invested a large sum of money with a shady binary brokerage firm called Lyon Assets UK since February 2023. This company is licensed with the Australian Securities and Investments Commission (ASIC) - refer license number ACN 626 758 567, email online.exceptions@asic.gov.au. My total deposits with Lyon Assets amounts to approximately €15000 of which I was only allowed to withdraw €50 in total. Lyon Assets refuses point blankly to honour any further withdrawal requests. An amount of €6000 was ******** out of me via a so-called mirror transaction using my Binance account. Lyon Assets UK is a renowned binary brokerage firm which has ******** many South Africans including me out of their hard earned money. I submitted a formal complaint to ASIC regarding Lyon Assets' misdemeanours. ASICs' response was friendly not helpful at all. ASIC clearly do not fulfill their role as watchdog over the shady companies licensed with them. Lyon Assets UK uses their ASIC licensing status as a marketing ploy to canvas new clients but beware, their ASIC license is worthless.