Australia: ASIC Reports Increasing Cases of Scam Crypto Investments Amid COVID-19 Outbreak


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A Ponzi scheme scammer holding some BTC

Australian Securities & Investments Commission (ASIC), has revealed that there has been a 20 percent increase in scam crypto-powered investment projects targeting Australian residents since the COVID-19 pandemic outbreak. The financial watchdog has warned Australians to desist from pumping in their hard-earned money into crypto investment projects that look too good to be true, according

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