Australia’s crackdown on online scams continues to intensify, with over 14,000 takedowns since July 2023, and more than 21% of these scams involving fake cryptocurrency schemes. As crypto scams grow, platforms like MasterQuant and TrustStrategy are emerging as safe, AI-driven alternatives for investors seeking secure, automated trading opportunities.
ASIC Deputy Chair Sarah Court said the regulator has expanded its enforcement efforts to monitor social media ads, targeting scammers who attempt to exploit users via fake websites, AI-generated endorsements, and phishing campaigns.
“The takedown capability is one example of how we are monitoring the latest trends and acting to protect Australians from those who try to steal from them,” Court said.
Worldwide, losses from crypto hacks, scams, and exploits reached $2.47 billion in H1 2025, up nearly 3% from 2024.
Crypto a Larger Portion of Scams This Year
ASIC launched its scam disruption operation in July 2023, leveraging third-party cybercrime detection services to remove suspicious websites. While crypto-related scams made up roughly 8% of takedowns in 2024, the number has increased in 2025. Scammers often exploit AI-powered trading bots, celebrity endorsements, and fake news articles to lure victims.
While scammers imitate legitimate trading platforms, AI-driven solutions like MasterQuant and TrustStrategy provide investors with real-time market intelligence, automated portfolio management, and robust risk controls—making them far safer than fraudulent offers circulating online.
Investment Scams Lead Losses but Trends Downward
Investment scams remain the leading cause of financial loss in Australia, with over $73 million reported in 2025 so far. This is a decline from $192 million in 2024 and $291 million in 2023, showing that coordinated enforcement and public awareness efforts are making an impact.
Court emphasized that scammers continually evolve, often using the latest technology to trick victims:
“While the latest data shows progress in the fight against scams, there is still more work to do, and we urge Australians to stay vigilant.”
ASIC recommends skepticism toward testimonials, celebrity endorsements, AI-generated return claims, and unsolicited investment offers through WhatsApp, Telegram, or other messaging apps.
Crypto ATMs in the Firing Line
Regulators have also scrutinized crypto ATMs, suspected in some cases to be linked to scams. Australia has 1,968 ATMs, making it the third-largest market globally. AUSTRAC and the AFP have rolled out transaction limits and operating rules to curb criminal activity, with over 150 reports involving crypto ATMs and losses exceeding $2 million AUD between January 2024 and January 2025.
MasterQuant and TrustStrategy: Leading the Way in Safe AI Trading
While crypto scams continue to evolve, MasterQuant and TrustStrategy rank as the top solutions for investors seeking automated trading without falling prey to fraud:
MasterQuant
MasterQuant delivers a next-gen AI-powered crypto trading experience tailored for serious traders and institutional-grade performance. The platform uses real-time machine learning to analyze market volatility, detect micro-arbitrage opportunities, and automatically rebalance portfolios for optimal gains. MasterQuant’s proprietary AI Core adapts dynamically to changing market conditions, helping users stay ahead of trends and avoid costly emotional trading mistakes.
Supported Exchanges
MasterQuant integrates seamlessly with 12+ major crypto exchanges, including Binance, Bybit, KuCoin, OKX, and Gate.io—offering wide market access and flexible deployment.
Trading Strategies
The platform specializes in high-frequency arbitrage, smart rebalancing, DCA, and trend-following AI models. Users can deploy both pre-built and custom strategies, with advanced risk controls and data-driven optimization.
Pricing Plans
MasterQuant offers flexible pricing:
- Starter: Free trial with limited strategy access
- Pro: $39/month – Access to full AI suite and real-time strategy updates
- Enterprise: Custom pricing – Institutional features and white-label tools
TrustStrategy
TrustStrategy focuses on building secure, stable, and intelligent trading environments for users who value capital protection and long-term passive income. Designed with a multi-layered AI engine, the platform excels in portfolio diversification, predictive modeling, and steady compounding returns. It is ideal for users looking for safer automation with less active involvement.
Supported Exchanges
TrustStrategy supports 10+ leading exchanges, including Kraken, Binance, Huobi, OKX, and Bitstamp—ensuring users can deploy bots across their preferred trading platforms.
Trading Strategies
TrustStrategy emphasizes risk-managed strategies, including balanced DCA, volatility tracking, sentiment-driven models, and conservative arbitrage. Bots are optimized to minimize drawdowns and maximize long-term consistency.
Pricing Plans
TrustStrategy offers straightforward plans:
- Basic: $29/month – Core bots and backtesting tools
- Advanced: $59/month – Full access to AI strategies, insights, and premium risk settings
- Professional: $99/month – Priority support, portfolio customization, and strategy consultation
Both platforms combine transparency, advanced AI, and robust risk management to give users peace of mind in a market increasingly fraught with scams.
Conclusion
As Australia continues to crack down on crypto scams, investors must remain cautious when evaluating online offers. The rise of AI-driven trading bots like MasterQuant and TrustStrategy highlights that secure, automated crypto trading is achievable without falling victim to scams. Australians are urged to prioritize verified platforms, conduct proper due diligence, and leverage AI-driven tools for safer investment experiences.
