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Since Canada’s binary options ban, fraudsters have increasingly relied on cryptocurrencies and ICOs

Phishing via internet isometric vector concept illustration Hacking credit card information website Cyber banking attack Online security

Scams may involve binary options, cryptocurrencies and contracts for difference

Stock exchange board with abstract background

Regulators have found that between 74% and 89% of clients that trade in these products lose money

New Brunswick regulator reports increase in suspected fraud

Fraudsters are still targeting Canadian investors through these, and other channels, Manitoba regulator warns

Ban supports efforts to protect Canadians from fraud

Alert outlines common investor complaints

The unregistered firms are alleged to have sold binary options to Ontario investors

Regulator cites online apps from unregistered firms that make misleading statements

New Brunswick regulator reports increase in suspected fraud

The offshore firm involved in the scam used images of a Canadian celebrity to draw victims in

Regulators are seeing significant losses to investors dealing with unregistered binary option companies