The AFP believes the scale of crypto ATM scam losses is significantly under-reported. Photo by Elise/pexels.com

Crypto ATMs multiply 15-fold as scammers target middle-aged women amid fears true scale of losses are hidden

The AFP believes the scale of crypto ATM scam losses is significantly under-reported. Photo by Elise/pexels.com A 15-fold increase in cryptocurrency ATMs has brought with it a surge in scams whose true financial cost has been hidden, the Australian Federal Police says. And scammers are targeting the middle-aged, especially women, 50 years or older as…

Binance crypto scam texts prompt AFP warning to Australian customers

Police are warning about a rise in Binance scam texts. Photo: stock Authorities are warning Australian cryptocurrency customers about scammers impersonating the high-profile Binance exchange. The National Anti-Scam Centre (NASC) alerted more than 130 potential victims to the scam after they were identified through messages found on an end-to-end encryption platform, the Australian Federal Police…