In a recent surge of cryptocurrency-related fraud, over 130 individuals in Australia have fallen victim to a sophisticated scam impersonating the Binance cryptocurrency exchange. Scammers contacted targets via SMS and encrypted messaging platforms, claiming their crypto accounts were compromised and instructing them to transfer funds to a 'trust wallet' controlled by the scammers, resulting in asset theft. Authorities are urging recipients of such messages...
In a striking example of the legal pitfalls surrounding cryptocurrency investments, Iris Au, the girlfriend of Love Island winner Davide Sanclimenti, has pleaded guilty to a federal tax charge related to her cryptocurrency earnings. The case, which has garnered significant media attention, underscores the growing scrutiny by tax authorities on crypto transactions and the importance of regulatory compliance in the digital asset space.
Iris Au,...
