A Queensland man enjoyed soaring profits from a crypto trading app. Then his money started disappearing

<p>The administrative work required to run an effective investment scam has been drastically cut by using merging technology</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Within days of clicking on an online ad for a cryptocurrency trading app, a 29-year-old Queensland man watched his dashboard soar with profits.</p><p>Making investment gains was as simple as downloading the slick-looking app and browser extension linked to his crypto wallet. So he invested more.</p> <a href="https://www.theguardian.com/australia-news/2026/aug/15/australia-crypto-money-investment-scam-ai-fraud-crime">Continue reading...</a>