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.
Warning Signs:
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.
Warning Signs:
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.
Warning Signs:
Victims are deceived into thinking they must pay in Bitcoin to clear customs for a package allegedly arriving from overseas.
Warning Signs:
Fraudulent rental property listings require deposit and/or rent payment in Bitcoin. Once funds are received, communication abruptly ends.
Warning Signs:
Scammers, posing as brokers or representatives of online investment platforms, request Bitcoin deposits at Bitcoin ATMs, promising investment tips or guaranteed returns.
Warning Signs:
Scammers, posing as brokers or representatives of online investment platforms, request Bitcoin deposits at Bitcoin ATMs, promising investment tips or guaranteed returns.
Warning Signs:
Impersonators claim to be utility service providers, such as BC Hydro or TELUS, demanding immediate Bitcoin payments for overdue bills or outstanding balances.
Warning Signs:
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.
Warning Signs:
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.
Warning Signs:
Scammers build trusting online relationships, claiming to be “celebrities.” They share personal struggles and eventually seek financial help, as their funds become inaccessible.
Warning Signs:
Established in 2016, HoneyBadger is your secure partner in Canadian cryptocurrency investment.
Subscribe to our newsletter for the latest news in cryptocurrency.
