Authorities Target Crypto Scammers Posing as Binance in Australia

Quick Summary:

Through Operation Firestorm, Australian authorities disrupted a complex crypto scam impersonating Binance.

Last month, the Australian Competition and Consumer Commission raised alarms about the potential impact of relaxed crypto regulations in the U.S.under President Donald Trump’s administration.

Binance Australia has co-operated with the local authorities to crack down on the scam while being embroiled in its own legal challenges.

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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets: EstoniaAustralia

Topics: Crime Cybercrime Law and Order Scams Binance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 05:20:13 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27185990

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 5 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 18 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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