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Cryptocurrency scams are a growing threat for Australians. A recent ACCC report found that Australians lost more than $2 billion to scams last year, with the majority of that loss coming from cryptocurrency investments.
Scammers use all sorts of tactics to lure investors in, including social media marketing and celebrity endorsements. In some cases they also claim to sell phantom cryptocurrencies to novices.
Investing in cryptocurrencies
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