January 6, 2020 – The new year starts with phishing scam alerts. The Better Business…
The fall of crypto exchange FTX is ‘worse than Theranos, worse than Madoff’ as federal probes mount, former SEC official says
The fall of cryptocurrency exchange FTX has drawn numerous comparisons to the collapse of Lehman Brothers, which sparked the 2008 financial crisis. But a former Securities and Exchange Commission official likened FTX to the Theranos and Bernie Madoff debacles....
What happened to FTX? What Canadians should know about the latest crypto collapse
The cryptocurrency industry — and the institutions and investors with billions wrapped up in it — are still coming to terms with the fallout from the collapse of FTX, once one of the largest crypto exchanges in the world. In just the past week, the company has had a...
$515m is stolen from crypto exchange FTX in matter of hours. Is it hackers or an inside job?
Internet sleuths have discovered that $515 million has disappeared from the accounts of collapsed crypto exchange FTX under ‘suspicious circumstances.’ Company founder Sam Bankman-Fried resigned from FTX on Friday, as the crypto exchange filed for...
Social media scams continue despite fraud squad warnings
Romance and finance — that’s what gets the heart beating faster. And that’s what appears at the root of most social media scams these days: love or money. Despite repeated warnings from the fraud squad and constant news about social media fraud, the fleecing...
How To Avoid phishing scams
In the past few weeks, the Kimberley RCMP, via their social media page, have been educating Kimberley residents about phishing. The Canadian Anti-Fraud Centre reports that it received 7,190 reports of phishing last year and it estimates that only five per cent of...