Deep Tide TechFlow News, August 22, according to Decrypt, the Australian Securities and Investments Commission (ASIC) disclosed that over 14,000 scam and phishing websites have been removed in the past two years, of which about 20% are cryptocurrency scam websites, approximately 3,015.

ASIC stated that it will expand its crackdown from website removals to social media advertisements, to help protect Australian consumers from scams.