RE:RE:RE:RE:RE:RE:OT - BTC March 23, 2021 - Cryptocurrency fraud grew 400% in Canada, RCMP says Fraud is more prevalent than ever, according to RCMP.
With the rise of cryptocurrency, criminals have opened a new avenue of taking peoples money.
“Cryptocurrency fraud is increasing dramatically in Canada, with a difference of more than 400% between 2017 and 2020,” said Sgt. Kris Clark, a federal serious and organized crime RCMP officer.
“Canadians lost nearly $11 million through digital currency scams alone, in the first eight months of 2020.”