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Australian Regulator’s Pig Butchering Cracks Down 95 Firms in Major Scam Sweep

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Australian Regulator’s Pig Butchering Cracks Down 95 Firms in Major Scam Sweep - Coinedition

Quick Summary:

Australia’s corporate watchdog, ASIC, intensified its crackdown on digital asset fraud, successfully shutting down 95 firms accused of running large-scale “pig butchering” scams through online investment schemes and romance baiting.

These scams, named for the cruel method of fattening a pig before slaughter, typically involve scammers building trust with victims before convincing them to deposit […]

The post Australian Regulator’s Pig Butchering Cracks Down 95 Firms in Major Scam Sweep appeared first on Coin Edition.

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 16:30:00 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 27732843

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Australian Regulator’s Pig Butchering Cracks Down 95 Firms in Major Scam Sweep" has 137 words across 48 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Australian Regulator’s Pig Butchering Cracks Down 95 Firms in Major Scam Sweep" was covered 1 weeks ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 21 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27732843
  • URL: https://chronographically.beamstart.com/news/australian-regulators-pig-butchering-cracks-174413

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