‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam

‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam

The list comes out as part of Australia's 2022 Scams Awareness Week. Australia’s market regulator has released a list of the “top-10 ways to spot a crypto scam," amid a detected rise in crypto-related investment scams this year.The Australian Securities and Investment Commission's (ASIC's) public advisory statement was published as part of Scams Awareness Week 2022, an initiative that teaches Australians how to identify all forms of scams. The campaign takes place between Nov. 7 to 11.ASIC said that Australians had already lost more through “investment scams” in 2022 than the total $701....


Related News

FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’

The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity Mining Scam The Federal Bureau of Investigation (FBI) issued an investor alert Thursday warning crypto owners of a scam targeting them. The law enforcement agency announced: The FBI is issuing this public service announcement to warn American citizens about a cryptocurrency scam....

Two new Bitcoin ASIC Miners : Scam or Real?

As we are all aware of, if you want to keep on mining in the Bitcoin universe, you'll need an ASIC miner sooner or later, if you want to be profitable that is. We've been through a passage of USB ASIC miners (the Block Erupters) which are now rapidly declining in price. It has recently come to my attention that there are 2 new ASIC's announced, which are supposedly in stock. That is something you don't see too often (but it has happened before). So let's take a look at these two new Bitcoin ASIC's, shall we? First up, we have the Red Fury USB miner. Yes, that's right, a new USB miner.....

Shiba Inu Influencer Raises Alarm About Scam Using Real SHIB Token – Here’s How

Shiba Inu influencer Susbarium has issued an alert to the SHIB Army about an ongoing phishing scam. The influencer explained how these scammers carry out the scam using real SHIB tokens.  Shiba Inu Influencer Warns About Phishing Scam Involving SHIB In an X post, the Shiba Inu influencer warned that there is a phishing scam […]

Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’

Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below. According to the Binance boss, scammers sent SMS messages to cryptocurrency investors....

Binance CEO Changpeng Zhao Warns Users Of SMS Phishing Scam

CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirecting users to a malicious website to harvest credentials. Changpeng Zhao tweeted on Friday There is a massive Phishing scam via SMS with a link […]