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theguv001(Newbie)Newbie
19 July 2025

I was the victim of a phishing scam in a bybit telegram channel that resulted in me losing at least $3500 worth of crypto assets. Can I claim this gigantic loss on my return? I have retained all documents of the ordeal to show as evidence if someone were to audit me. 

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Are phishing scams relating to crypto assets claimable as deductions? | ATO Community