Canadians have already lost $103 million to crypto investment scams this year: Canadian Anti-Fraud Centre | CTV News

Canadians lost $224,201,739 to cryptocurrency investment in 2024, and so far have lost $103,172,872 this year alone, according to the Canadian Anti-Fraud Centre. Cryptocurrency fraud usually involves fake videos generated with artificial intelligence (AI), that feature prominent politicians or celebrities promoting fake websites. Two Ontarians CTV News spoke with collectively lost $58,600 after falling victim to separate AI-generated videos advertising fraudulent cryptocurrency investments. Read full story here: Canadians have already lost $103 million to crypto investment scams this year: Canadian Anti-Fraud Centre | CTV News

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