A Queensland man enjoyed soaring profits from a crypto trading app. Then his money started disappearing
THE SO WHAT
AI is lowering the overhead of running long-con investment scams—better copy, 24/7 responses, more convincing dashboards—so fraud can scale without big teams. Treat any “app-based” trading or yield product outside regulated venues as hostile by default, and harden your KYC and transaction monitoring around AI-boosted social engineering.
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