Cryptocurrency Scammers Took At Least $1.7 Million From Canadians Last Year

Cryptocurrency Scammers Took At Least $1.7 Million From Canadians Last Year

Cryptocurrency scams doubled from 2016. Jordan Pearson Dec 11 2017, 4:07pm Image: Shutterstock Digital currencies like Bitcoin and Ethereum have become incredibly valuable in a very short period of time; in the last 12 months, one bitcoin went from being worth $700 USD to over $16,000 at the time of writing. Perhaps unsurprisingly, this has made cryptocurrencies—and the people who own them— more attractive targets for criminals. To see a concrete example of this trend, you only have to look to Canada. In 2017, scams involving cryptocurrencies doubled from the previous year, according to the Canadian Anti-Fraud Centre, the […]