Australia’s corporate regulator has put new website take-down powers to use in recent months, ‘knocking out’ more than 2,500 investment scam and phishing websites in the past four months alone.
These fraudulent websites include fake investment platforms, crypto-asset scam websites, and imposter scam websites, with 2,100 of the sites already taken offline and action underway to remove more than 400 more.
Assistant Treasurer Stephen Jones shared details of the new take-down powers in a press conference on Thursday, where he said the capabilities are part of the federal government’s $17.6
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