ASIC Removes Over 3,100 Crypto Scams in FY26 Report

TLDR ASIC removed 3,106 cryptocurrency investment scams in FY26, nearly 30% more than the year before. Total online scam takedowns jumped 182% to more than 19,400, including fake platforms and phishing links. Scammers are using AI deepfakes and fake celebrity endorsements to make fraudulent crypto sites look real. Impersonation scams involving 10 well known Australians [...]

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