By : Terence Zimwara
Publisher : news
Date : August 19, 2026

ASIC Pulls 3,106 Crypto Scams as AI Networks Target Aussie Savings

In FY26, the Australian Securities and Investments Commission shut down over 19,400 online scams, a 182% surge, including 3,106 cryptocurrency investment platforms. How Syndicates Use Deepfakes and AI Infrastructure Australia’s corporate regulator has issued a stark warning to investors as sophisticated, AI-generated deceptive networks—often built around fake cryptocurrency platforms and deepfake endorsements—continue to target Australian […]

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