Asian Tribune Your Multilingual Newspaper covering World and local news News
Descrease article font size Increase article font size A staggering $12 million in cryptocurrency was scammed away from Surrey residents last year. In 2023, Surrey RCMP received more than 220 reports of fraud involving cryptocurrency, with the vast majority related to investment scams. So far this year through January and …
Read More »Nova Scotians lost more than $750K to crypto fraud this year: securities commission – Halifax
The Nova Scotia Securities Commission, along with Halifax Regional Police and the RCMP, have issued a warning to be vigilant when investing in cryptocurrency “as residents continue to lose substantial amounts of money to crypto-related scams.” “The commission previously issued crypto warnings in January and March. Since then, Nova Scotians …
Read More »Calgarians have lost over $22 million to cryptocurrency scams in 2023 – Calgary
Descrease article font size Increase article font size Calgary police want to caution and educate the public about the red flags of cryptocurrency scams after Calgarians were swindled out of more than $22.5 million in 340 reported cryptocurrency scams so far this year. Compare that with 2022, when Calgarians lost …
Read More »Bitcoin scam: Victim faced with excuses, told to pay large fees when trying to withdraw funds – Toronto
Descrease article font size Increase article font size A victim in a cryptocurrency scam who invested $400,000 was faced with multiple excuses and told to pay large fees when attempting to withdraw the funds, Toronto police say. In a news release issued Tuesday, police said officers were able to recover …
Read More »Coinstore cryptocurrency exchange enters India despite pending curbs on trade | Technology News
New Delhi: Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai which will act as its …
Read More »Bitcoin Adoption in El Salvador: Remittance Costs Key to Take-Up of Cryptocurrency, Development Bank Says
Central American countries are eagerly waiting to see if El Salvador’s adoption of Bitcoin as parallel legal tender cuts the cost of remittances, an important source of income for millions of people, the region’s development bank said. President Nayib Bukele’s congressional allies have already approved legislation giving the cryptocurrency official …
Read More »User had ~$600K worth of bitcoin stolen after using a fake app for cryptocurrency hardware wallet Trezor downloaded from the App Store; app was rated five stars (Reed Albergotti/Washington Post)
Reed Albergotti / Washington Post: User had ~$600K worth of bitcoin stolen after using a fake app for cryptocurrency hardware wallet Trezor downloaded from the App Store; app was rated five stars — Recent scams show there are holes in Apple’s safety net — Phillipe Christodoulou wanted to check his …
Read More »