In a major crackdown, the Australian Federal Court has authorized the winding down of 95 companies suspected of running elaborate crypto investment and romance scams known as ‘pig […]
Australia Cracks Down on 95 Firms Linked to Crypto Investment Scams
Australia has taken down 95 businesses suspected of running deceptive cryptocurrency investment and romance scams. The Australian Securities and Investments Commission (ASIC) announced the closure following a Federal […]
ASIC Targets 95 Crypto Scam Firms in Australia’s Crackdown
Australia’s ASIC has taken action against 95 companies suspected of running cryptocurrency investment and romance scams, commonly known as ‘pig butchering.’ These firms were recently shut down by […]
Australia to Shut Down 95 Firms Tied to Cryptocurrency Scams
The Australian Securities & Investments Commission (ASIC) plans to close down 95 firms suspected of involvement in cryptocurrency and romance scams. This action is scheduled for late 2023, […]
AUSTRAC Tightens Crypto ATM Rules in Australia, Warning of Penalties
Australia’s crypto ATM landscape is facing increased scrutiny as the Australian Transaction Reports and Analysis Centre (AUSTRAC) launches a crackdown on non-compliant operators. A surge in crypto ATM […]
Australian Regulator Warns Crypto ATM Operators of Money Laundering Risks
The Australian Financial Intelligence Agency (AUSTRAC) has issued a warning regarding potential money laundering and fraudulent activity linked to crypto ATMs. The agency’s recent analysis has identified suspicious […]
Australia Warns Crypto ATM Providers Over Money Laundering Risks
Australia is taking action against potential misuse of crypto ATMs as concerns about money laundering and fraud rise. The country’s financial crimes watchdog, AUSTRAC, has issued a warning […]
Australia Raises Concerns About Crypto ATM Use Amid Money Laundering Fears
Australia’s financial crime regulator has issued a warning to cryptocurrency ATM operators, expressing concerns that these machines could be used for money laundering and fraud. The Australian Transaction […]
One-Third Of Australians To Hold Cryptocurrency by 2025
Australia is on the cusp of a major shift in its approach to finance, with Solid Intel’s report predicting that nearly one-third of Australians will own Bitcoin or […]