[Australia ASIC Takes Down 3,106 Crypto Scams, Deepfake AI as Primary Method] According to a report by (Bitcoin.com), the Australian Securities and Investments Commission (ASIC) disclosed on August 17 that during the 2026 fiscal year, it took down a total of 19,400 online scams, including 3,106 cryptocurrency investment scam platforms. Fraudulent groups used generative AI technology to deepfake videos of Australian Prime Minister Anthony Albanese and financial commentators, creating counterfeit websites to lure investments. Losses related to the misuse of high-profile individuals exceeded 7.4 million AUD.