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Robinhood has completed its $180 million acquisition of WonderFi and entered the Canadian crypto market with access to roughly 300,000 funded customer accounts and two of the country’s largest digital asset trading platforms. According to Robinhood’s announcement on Monday, the…
The post Australia warns of crypto investment scams on messaging apps appeared on BitcoinEthereumNews.com. Homepage > News > Finance > Australia warns of crypto investment scams on messaging apps Australia’s top financial sector watchdog has warned of an increase in investment scams involving fraudulent digital asset trading platforms promoted through messaging apps and social media, noting that young people are particularly at risk. According to the latest ‘scam alert’ released by the Australian Securities and Investments Commission (ASIC), scammers are targeting victims through social media and using messaging apps to further convince them to invest in fraudulent digital asset schemes. These scams typically follow a similar pattern, beginning with adverts presented on social media platforms offering trading tips on shares. Victims who engage are then invited to messaging apps claiming to share recommendations from well-known figures, who the scammers impersonate, and are subsequently
