canadian police increasing in numbers in recent years. crypto scam terminated numerous fake crypto projects to combat the cases. According to the reports, the Royal Canadian Mounted Police has clamped down on the cryptocurrency scam.
Canadian authorities have blocked numerous fake crypto platforms so far. The operations that blockaded the platforms in question took place as a result of a series of complaints from the victims.
They Use Attractive Ads
Fake crypto websites deceiving investors with promises of high returns are brimming with flamboyant advertisements. By this time, a large number of users have fallen victim to such traps. The rapid increase in the number of such cases forced the Canadian police to take action.
The Alberta Securities Commission (ASC) issued a warning about the cryptocurrency last month, urging investors to be cautious. There has been an increase of more than 5,600% in such cases since 2015, official authorities reported.
Beware of Dating Sites!
To recall, at the beginning of this month, a man from the province of Ontario in Eastern Canada fell into the trap of crypto fraudsters and lost exactly $ 260,000. The man, who fell in love with the promise of a woman he met on a dating site to make money with cryptocurrencies, stated that he made money at first, but lost all his assets at the end of the job and warned investors to be vigilant.
Today, the Global Anti-Fraud Organization continues to serve with 55 volunteers around the world. The organization contacted more than 910 victims, who had lost more than $144 million as of December 2021, and sought to resolve their grievances.