Security· ★★· bearish·

Canadian woman loses C$140,000 in crypto scam that began with a wrong-number text

  • —Victim lost roughly C$140,000 in the scheme
  • —Funds were sent via bank transfers and crypto ATM deposits
  • —Canadian Anti-Fraud Centre logged about C$351 million in fraud losses in H1 2026
  • —Crypto ATM-related losses reported in 2024 totaled C$14.2 million
Why it matters: The case adds pressure on Ottawa's plan to ban crypto ATMs, of which Canada has nearly 4,000.
Source: Journal du Coin
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