According to the statements of officer of the Australian Commission for competition and consumer protection John price (John Price), the TV channel ABC, in 2017, the Agency had received 1,289 complaints of fraud associated with cryptocurrencies. The total losses amounted to $ 1 218 $ 206.
The Price noted that even if it is not proved that the project is fraudulent and there is enough evidence to trust the project should not invest money that you cannot afford to lose.
The above figures are the result of two months work of Australian information and analytical center for financial operations, which began after he was commissioned to supervise the activities of cryptocurrency exchanges.
Now all cryptocurrency exchanges have to register with AUSTRAC, their data are entered in a special register and must be stored for seven years. In addition, all sites need to verify their customers, as well as to introduce mechanisms to combat money laundering and the financing of terrorism.