Crypto scams
Crypto-related scams often promise unrealistic returns with little or no risk to
the investor. The goal is to make you feel afraid of missing out on an opportunity
others are profiting from. These types of scams are typically promoted online using
social media and websites designed to look like legitimate/registered trading
platforms or investment firms. People running these scams will often suggest that
they don’t need to comply with financial regulations in your province or country.
They may also withhold funds and try to scam you by demanding payments for fake
taxation, fees, or other charges.