**Australia’s ASIC Shuts Down Over 600 Crypto Scam Sites in a Year-long Crackdown**
In a significant move to protect investors, the Australian Securities and Investments Commission (ASIC) has successfully shut down more than 600 cryptocurrency scam websites. This action was part of a rigorous, year-long crackdown aimed at curbing fraudulent activities in the rapidly growing digital asset market. ASIC’s proactive approach underscores its commitment to safeguarding the interests of cryptocurrency investors and maintaining integrity within the financial system. This development highlights the ongoing efforts by regulators worldwide to combat crypto-related fraud and ensure a safer trading environment for all participants.
Source: https://en.coinotag.com/breakingnews/australias-asic-shuts-down-over-600-crypto-scam-sites-in-year-long-crackdown/