PANews reported on April 8 that according to the official website of the Australian Securities and Investments Commission (ASIC), ASIC successfully applied to the Federal Court for a ruling to close 95 companies suspected of being involved in investment and "pig killing" frauds, most of which were registered using false information and committed fraud through counterfeit trading platforms. These companies involved digital assets, foreign exchange and commodity investment scams, and some were registered using stolen identities. ASIC called on the public to be vigilant and guard against the risks of online investment and identity fraud.