B.C. Crypto Fraud Operation Uncovers $4M Losses

April 16, 2025, 8:20 pm

In British Columbia, financial and securities regulators conducted a targeted operation to investigate a specific cryptocurrency fraud. Their review uncovered that approximately $4 million in assets had been siphoned from victims, with reports indicating that numerous individuals were affected by this scheme. The operation’s findings have raised concerns over oversight in the crypto market, prompting calls for more stringent measures to protect investors. Detailed investigations continue as authorities pursue recovery and accountability.

nationalobserver.com / BC operation by police, regulators discovers losses of $4M in assets to crypto fraud

British Columbia's securities regulator says a recent two-day operation to identify victims of a specific type of cryptocurrency fraud has found 89 people who were drained of more than $4 million in assets.

globalnews.ca / Fraudsters bilked B.C. victims of $4M in crypto, probe finds

theglobeandmail.com / B.C. operation by police, regulators finds losses of $4-million in assets to crypto fraud

Among the parties involved in the operation are securities and financial market regulators from Alberta, Ontario and Quebec

thestar.com / B.C. operation by police, regulators finds losses of $4M in assets to crypto fraud

VANCOUVER - British Columbia's securities regulator says a recent two-day operation to identify victims of a specific type of cryptocurrency fraud has found 89 people who were drained of more than $4 million in assets.

winnipegfreepress.com / B.C. operation by police, regulators finds losses of $4M in assets to crypto fraud

5 stories from 5 sources in 2 days ago #crime #justice #bc #finance #law #ontario #albert

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B.C. Crypto Fraud Operation Uncovers $4M Losses

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