Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate. Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams. Speaking on the final day of Australian Block chain Week in Melbourne on June 30, Callaghan announced the association will now be focused on helping prevent scams that involve crypto , among its other efforts . Simon Callaghan speaking at Australian Blockchain Week on June 30. Source: Cointelegraph “We're going to have to work with the banking sector. We're going to have to work with the government,” the CEO said, stressing the need to protect consumers. Callaghan however noted that scams often originate on social media or through telecommunication channels — noting that policing efforts need to start from the point of first contact: “Crypto is either an exit point or m...