On 20 November 2024, AST ASIC said Mr Hatch was convicted and sentenced for failing to disclose his substantial shareholding in Copper Strike Limited and providing false information.

• He was sentenced to six months imprisonment, released immediately upon paying a AUD 2,000 fine; conditional release requires good behavior for 12 months.
• Pleaded guilty to authorizing omissions in documents, breaching the Corporations act.
• ASIC Deputy Chair Sarah Court emphasized the importance of shareholding disclosure to protect investors; highlighted Mr. Hatch’s dishonesty and failure to meet legal obligations.
• Mr. Hatch is barred from managing corporations for five years due to his conviction.