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The ATO has engaged Blockchain Australia to help in the battle against scammers utilising bitcoin to con people out of their hard earned satoshi’s.

The latest battleground on this ongoing war is with the scammers accepting bitcoin in payment for the alleged ATO tax debt.

“While the ATO is concerned about scammers moving to adopt cryptocurrencies, taxpayers should remain vigilant for other versions of the fake tax debt scam. Scams demanding direct deposits into third-party bank accounts, demanding payment via iTunes cards or with a pre-paid Visa gift cards remain the most frequently reported to the ATO.”    ATO Media Release.

As always, users should be careful when dealing with anyone on the phone or online and verify any claims made against them with the government directly.

The full media release can be found at; https://www.ato.gov.au/Media-centre/Media-releases/Beware-bitcoin-tax-scammers/

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Presenter: Michaela Rankin CA
Email: michaela@michaelarankin.com

Hosted by: Brisbane Bitcoin & Blockchain and Fishburners March 2017

Now available on YouTube at:
https://youtu.be/mhjBC43CvQE Part 1
https://youtu.be/AmiGJs0IvZw Part 2

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