đš Breaking News: ASIC Takes Down Over 600 Crypto Scams! đš
In a major win for crypto enthusiasts, the Australian Securities and Investments Commission (ASIC) has dismantled more than 600 cryptocurrency scams in the past year! đ This move is part of ASIC's broader initiative to combat investment fraud, which has cost Australians a staggering $1.3 billion in 2023 alone.
ASIC's efforts have led to the removal of over 7,300 phishing and fraudulent websites, including fake news articles and deepfake videos featuring celebrities like Chris Hemsworth and Elon Musk. These scams often promise unrealistic returns using AI and quantum computing.
The regulator's quick action, taking down an average of 20 scam websites daily, is a crucial step in protecting consumers and maintaining trust in the crypto space. đđȘ
Stay vigilant, Bitcoin lovers! đ