ASIC shuts down 3,106 crypto scams as AI fraud surges in Australia

NewsThu, 20 Aug 2026 07:07:36 UTC2 hours ago
ASIC shuts down 3,106 crypto scams as AI fraud surges in Australia
Australia’s securities regulator has removed 3,106 cryptocurrency investment scams during FY26 as its total online scam takedowns surged 182% to more than 19,400. The Australian Securities and Investments Commission said in an Aug. 17 release that crypto investment scam removals…
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