Australian Watchdog Issues Warning on Fake Celebrity-Endorsed Crypto Ads

The Australian Securities and Investments Commission, or ASIC, is asking people to remain cautious about celebrity-endorsed (BTC) scam sites.

According to the commission’s public warning, the Australian watchdog has received a number of reports of fraudulent crypto sites that claim to be endorsed by prominent businesses, new sites, and government agencies. Some even appear to have the endorsement of national celebrities like Waleed Aly, Mike Baird, Dick Smith, and Virginia Trioli.

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