🐍 Australia’s corporate watchdog is on a mission to slay some scammy hydras! ASIC has been given the green light to shut down 95 companies suspected of crypto and romance scams, known as "pig butchering." These companies were caught pretending to offer genuine services but were actually scamming victims.

ASIC has been busy, removing over 10,000 scam websites, but warns that scams are like hydras—cut one head off, and two more grow! Consumers, stay sharp!

In brighter news, scam losses fell by 26% to $2 billion in 2024. Keep dreaming big, crypto enthusiasts!