Buying Crypto
06/08/2024
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At HoneyBadger, safeguarding our customers from fraudulent or suspicious transactions is a top priority. We’re committed to protecting you in an ever-evolving landscape of fraud, having successfully recovered over $2M since 2018 through our vigilant efforts.
Read our comprehensive fraud guide to stay informed and vigilant against various fraud types.
Fraudsters form online relationships with individuals living abroad, often requesting Bitcoin for various reasons like family emergencies or weddings. They may promise to move to Canada or discuss marriage as the connection deepens.
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Online jobseekers are tricked into sending Bitcoin to a supposed new employer they met online. The employer typically sends a fraudulent e-transfer or cheque, asking the job-seeker to return the majority in Bitcoin.
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Scammers impersonate authorities, claiming individuals’ SINs are compromised. Victims are instructed to empty their bank accounts and send all funds for safekeeping in a Bitcoin wallet owned by the fraudsters.
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Victims are deceived into thinking they must pay in Bitcoin to clear customs for a package allegedly arriving from overseas.
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Fraudulent rental property listings require deposit and/or rent payment in Bitcoin. Once funds are received, communication abruptly ends.
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Scammers, posing as brokers or representatives of online investment platforms, request Bitcoin deposits at Bitcoin ATMs, promising investment tips or guaranteed returns.
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Scammers, posing as brokers or representatives of online investment platforms, request Bitcoin deposits at Bitcoin ATMs, promising investment tips or guaranteed returns.
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Impersonators claim to be utility service providers, such as BC Hydro or TELUS, demanding immediate Bitcoin payments for overdue bills or outstanding balances.
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Fraudsters impersonate immigration officers, requesting personal/financial information or offering time-limited visa deals under threats, including arrest, deportation, or account suspension without Bitcoin payment.
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Scammers pose as lawyers, falsely claiming charges against individuals or their loved ones. They offer to act as legal representation and request Bitcoin payments as legal fees.
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Scammers build trusting online relationships, claiming to be “celebrities.” They share personal struggles and eventually seek financial help, as their funds become inaccessible.
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Established in 2016, HoneyBadger is your secure partner in Canadian cryptocurrency investment.
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