Australian regulator shuts down thousands of scam crypto sites

The Australian Securities and Investment Commission (ASIC) has pulled down 7,300 scam investment sites, including crypto endorsements, in one year. The scams often erupted on social media channels and ASIC has been targeting them since 2023. A recent report by Chainalysis claimed that illicit activity is down by almost 20% this year, as legitimate activity […] source: https://www.cryptopolitan.com/australian-regulator-shuts-scam-crypto-sites/