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BTCC / BTCC Square / cryptonewsT /
Crypto Scams Surge in Canada as Regulators Scramble Amid Global Chaos

Crypto Scams Surge in Canada as Regulators Scramble Amid Global Chaos

Author:
cryptonewsT
Published:
2025-04-25 10:41:28
20
1

Canada’s securities regulator flags rise in crypto scams amid ‘geopolitical unpredictability’

Canada’s securities watchdog sounds the alarm—crypto fraud is exploding as geopolitical instability creates a playground for bad actors. Opportunists love a crisis, and decentralized finance is their latest weapon.

Regulators flail while scammers pivot faster than a memecoin rally. Another day, another reminder that ’self-custody’ often means ’self-immolation’ for retail investors.

Bonus jab: At least the scammers are consistent—unlike your portfolio’s ’risk management’ strategy.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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