Lethbridge police step up efforts to disrupt cryptocurrency crime through proactive policing
The Lethbridge Police Service (LPS) is just one of multiple law enforcement agencies joining together as part of a proactive policing and disruption strategy to combat cryptocurrency crime.
During a recent workshop, officers identified more than 770 victims of cryptocurrency fraud with an estimated combined loss of $59 million.
The agencies discussed proactive policing and disruption strategies to combat fraudulent activities within the cryptocurrency landscape.
One of the scams they focused on is called approval phishing, where romance and investment scammers coerce users into approving malicious blockchain transactions.
HUNDREDS OF VICTIMS
LPS Sergeant Kevin Talbot took part in the workshop and says they were able to find hundreds of victims in just one day.
“The way this project came about is the Calgary Police Service and Chainalysis collaborated,” Talbot said. “They identified some addresses we need to do some research on that, have a Canadian presence," Talbot said.
“From there, they brought our group of people together last week and we spent, I think, it was approximately eight hours and we identified over 700 victims in eight hours.”
Police are warning residents to be aware of the rise of crypto scams. The best advice is to not send any money to someone you haven’t personally met.
CTVNews.ca Top Stories
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
Last letters of pioneering climber who died on Everest reveal dark side of mountaineering
George Mallory is renowned for being one of the first British mountaineers to attempt to scale the dizzying heights of Mount Everest during the 1920s. Nearly a century later, newly digitized letters shed light on Mallory’s hopes and fears about ascending Everest.
Cisco reveals security breach, warns of state-sponsored spy campaign
State-sponsored actors targeted security devices used by governments around the world, according to technology firm Cisco Systems, which said the network devices are coveted intrusion points by spies.
opinion RFK Jr.'s presidential candidacy and its potential threat to Biden and Trump
Although it's still unclear how much damage Robert F. Kennedy Jr.'s candidacy can do to either Joe Biden or Donald Trump this election, Washington political columnist Eric Ham says what is clear is both sides recognize the potential threat.
Yemen's Houthi rebels claim downing U.S. Reaper drone, release footage showing wreckage of aircraft
Yemen's Houthi rebels on Saturday claimed shooting down another of the U.S. military's MQ-9 Reaper drones, airing footage of parts that corresponded to known pieces of the unmanned aircraft.
Haida elder suing Catholic Church and priest, hopes for 'healing and reconciliation'
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
An emergency slide fell off a Delta Air Lines jetliner shortly after takeoff Friday from New York, and pilots who felt a vibration in the plane circled back to land safely at JFK Airport.
First court appearance for boy and girl charged in death of Halifax 16-year-old
A girl and a boy, both 14 years old, made their first appearance today in a Halifax courtroom, where they each face a second-degree murder charge in the stabbing death of a 16-year-old high school student.
Decoy bear used to catch man who illegally killed a grizzly, B.C. conservation officers say
A man has been handed a lengthy hunting ban and fined thousands of dollars for illegally killing a grizzly bear, B.C. conservation officers say.