The Australian Competition and Consumer Commission’s (ACCC) Scam Activity Report shows that a total of 3,910 cryptocurrency scams will be reported in Australia in 2022, with victims losing an average of
37
,900 (A
TAINVPROPISRAEL
,600) and a total loss of $148.3 million (A$221.3 million). , an increase of 162.4% over 2021 and accounting for 7.1% of the total Australian theft ($2.08 billion) in 2022.