Could You Become a Crypto Scam Victim? | Truth Talks | Big [If True]

How easy is it to become a victim of cryptocurrency scams? And, once your money is gone, can you ever get it back? Could you become a crypto scam victim?

In this episode of Truth Talks, Ritesh Kotak, a digital and cybersecurity strategist who has worked with Fortune 500 tech companies, shares heartbreaking stories of individuals who have been scammed out of their life savings. He explains the most common crypto scams, including investment schemes on social media, deepfakes, and pump and dump schemes.

Learn about the importance of reporting fraud to local police services and the challenges law enforcement faces in tracking and preventing these sophisticated scams. Don’t miss this insightful discussion on the latest data from the Canadian Anti-Fraud Centre and the need for more regulations in the crypto space.

Join Cyber Specialist Ritesh Kotak on Big [If True] as he discusses all things crypto crime: the staggering losses, the scammers’ tactics, and why authorities are struggling to keep up.

Big [If True] brings you the truth about crypto scams and how to protect yourself from becoming a victim.

0:00 Introduction
0:35 Common Crypto Scams
1:59 Pump and Dump Schemes
3:13 Crypto Wallets Explained
5:04 Canadian Anti-Fraud Centre Data
5:57 The Biggest Red Flag
6:45 What do you do if you have been scammed?
8:18 Regulation and Decentralization
8:50 End Screen

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#CryptoScam #TruthTalks #BigIfTrue

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