Canadians are straight up losing bread to crypto scams, AI's playing everyone 💀
Canadians have already lost $103 million to crypto investment scams this year: Canadian Anti-Fraud Centre. Yo, Canada's gettin' cooked by these crypto scams promoted by fake AI vids, no cap! People are losing their life savings. The Anti-Fraud Centre is like, "Bruh, stay woke!"
TL:DR
Yo, Canada's gettin' cooked by these crypto scams promoted by fake AI vids, no cap! People are losing their life savings. The Anti-Fraud Centre is like, "Bruh, stay woke!"
The Deets
Okay, listen up, fam! The Canadian Anti-Fraud Centre is droppin' some serious truth bombs. Apparently, Canadians have already lost over $103 million this year to crypto investment scams. Like, that's a whole lotta loonies, y'all! Last year was even worse, with losses hitting over $224 million. Big yikes!
The real sus part? These scams are being pushed by fake videos made with AI. They're using deepfakes of celebs and politicians to get people to invest in fake websites. It's next-level manipulation, for real.
Two peeps shared their horror stories. One couple lost their life savings of $42,600 after falling for a vid featuring a fake ex-Finance Minister. Another person lost $16,000 after handing over their bank info. Can you even imagine? 😭
The CAFC is saying that crypto scams made up over 70% of all investment fraud losses last year. They're telling everyone to be skeptical AF and do their own research before investing in anything. If it sounds too good to be true, it probably is, bestie!
Also, pro-tip: search results for "cryptocurrency investments" are probably gonna lead you straight to a scam. So, stay safe out there and protect your bag!💰
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| No cap | Seriously, honestly, no lie |
| Sus | Suspicious |
| AF | As F*ck |
| Bruh | Dude, friend, etc |
| For real | Seriously |