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U.S. President Donald Trump took in nearly $1.2 billion US from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors suffered losses. Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his …
Read More »Canadian who stole $13M US in crypto bought Lamborghini, BMWs: plea deal
For a Canadian teenager who lived the high life in Miami while spending the proceeds of a multimillion-dollar cryptocurrency fraud scheme on luxury cars and a private jet, the ruse began to unravel with a traffic stop. Trenton Richard David Johnston was seated in the back of a white Rolls-Royce …
Read More »Sask. man ordered for extradition to U.S. over university hacking for crypto mining
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A Saskatchewan King’s Bench judge has ordered Ryan James Roach’s extradition to the United States, where …
Read More »Fact check: Deepfake Mark Carney promoting crypto scheme
No, Prime Minister Mark Carney is not promoting a get-rich-quick crypto scheme. But YouTube ads like this one are trying to scam you — and they use fake CBC articles to do it. News Source link
Read More »Sask. retiree warns others after losing $3K to crypto fraud using AI video of prime minister
Retired teacher Lynn Phaneuf says he and his wife generally only use the smart TV in the living room of their Prince Albert, Sask. home to watch the news. When Phaneuf, 70, saw what purported to be an interview between CBC host Rosemary Barton and Prime Minister Mark Carney talking …
Read More »Crypto exchange Cryptomus fined record $177M by Canada’s financial crime watchdog
A cryptocurrency exchange has been slapped with a fine of almost $177 million — the largest-ever penalty by Canada’s financial intelligence agency — for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced …
Read More »Ontario’s self-styled Crypto King pleads guilty to assaulting woman
Aiden Pleterski, the self-styled Crypto King accused in Ontario of defrauding investors out of tens of millions of dollars, has pleaded guilty in a case of intimate partner violence. Court records reviewed by CBC News show Pleterski, 26, pleaded guilty on July 29 to charges of assault, harassment and entering a …
Read More »On bail for ‘astonishing’ $48M crypto theft, Hamilton teen kept stealing. He’s now an adult in U.S. prison
A Hamilton man has been imprisoned for one year in the U.S. after pleading guilty to a 2022 cryptocurrency theft spree that targeted as many as 200 people and netted more than $1 million Cdn. His latest thefts occurred while he was on bail for a separate crime he committed …
Read More »Canadians are losing millions in crypto to fraudsters. Here is how to spot red flags
Canadians are losing millions of dollars in cryptocurrency fraud schemes and at least one Ontario detective specializing in the area predicts such scams will soon outpace wire transfers as the largest payment method used by fraudsters. Ontario Provincial Police are warning potential cryptocurrency investors to do more to protect themselves …
Read More »Bitcoin tops $100,000 US as Trump win continues to fuel crypto rise
Bitcoin has topped the $100,000 US mark for the first time, as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on. The milestone comes just hours after the president-elect signalled a lighter regulatory approach to the crypto industry, when he said …
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