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Australian Taxation Office adds its voice to chorus of concerns about Bitcoin-related scams

“The Australian Taxation Office (ATO) has become the latest organization to voice its concerns about the rising danger of Bitcoin-related scams” reports Last week, Consumer Affairs Victoria, a business unit of the Department of Justice & Regulation, within the Victorian government, has voiced its concerns about Bitcoin scams.The data shows that nearly half of all losses were due to investment scams – $5,005,307.In particular, the authority noted a number of fake Blockchain URLs and a Bitcoin survey that are indeed scams that aim to collect personal information.

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