🚀 ASIC takes a bold step in crypto safety! The Australian regulator has shut down 95 companies linked to crypto romance scams, protecting investors from fraudulent schemes. With court approval, ASIC is winding down these shady entities that were merely fronts for scammers. 🌐 In a bid to safeguard the crypto space, ASIC is also shutting down over 130 scam websites weekly. While scams persist, this proactive approach has led to a 26% drop in losses to scammers in 2024. Stay vigilant, but let's celebrate these positive strides in crypto security!