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Crypto pyramid schemes thought to have stolen billions go unchecked

The alleged crypto pyramid schemes, HyperFund and HyperVerse, have been flagged by regulators across the globe but not Australia.

Australia dismantles crime syndicate that moved nearly $1B in crypto

In a series of raids against the crime syndicate, police seized $2M in crypto, $1.5M in cash, luxury watches, guns, and two tonnes of drugs.

Binance Australia Derivates has paid $13.1 million in compensation for failing to provide required protections to retail users.

The ‘Long River’ syndicate is said to have used an Australia-wide remittance company in its AU$228 million cash and crypto laundering scheme.

As Stake attempts to tap into Australia’s growing gambling population, an established Sydney-based share trading platform protects its brand.