If anyone is wondering why the fear of fraud is high in Canada today, here is one example. The Alberta Securities Commission recently issued a public statement warning citizens about the prevalence of scams orienting around alleged crypto investment opportunities. As part of Fraud Prevention Month, the ASC specifically warned about a viral crypto scam […]
Alberta Securities Commission
Alberta Securities Commission Warns Crypto Trading Has ‘Tremendous Risks’
Last year was an interesting one for crypto asset trading platforms in Canada. A downturned market has spurred potential consolidation efforts while financial scandals—which grazed Alberta through Calgary’s Bitvo—have prompted the Alberta Securities Commission and Canadian Securities Administrators to warn investors that trading in crypto assets comes “with elevated levels of risk that may not be suitable for many […]