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Australia shuts down 95 firms linked to pig butchering crypto scams
- Australian regulators have shut down 95 firms involved in a widespread crypto scam.
- The firms used fake identities, romance scams, and fake trading platforms to defraud victims across 14 countries.
- The reported losses from the scam total over $35.8 million.
- Only three out of the 95 firms were found to hold any assets.
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