Crypto Scam Sites Make Up a Fifth of ASIC’s Two-Year Takedown
In brief ASIC has removed more than 14,000 scam and phishing websites in two years, with crypto scams making up about 20%. The regulator will now target fraudulent ads on social media platforms such as Facebook and Instagram. Investment scams cost Australians nearly $1 billion in 2024, with tactics like “AI washing” emerging as new…
