Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge

Oluwapelumi Adejumo

Australia’s Securities and Investment Commission (ASIC) has shut down 615 crypto scam websites over the past year, according to an Aug. 19 statement. This action is part of a broader effort to combat investment fraud in the country. The regulator closed 7,300 scam websites, including 5,530 fake investment platforms and 1,065 phishing sites. Over $1 […]

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Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge