Manitoba Regulator and Police Warn of Increase in Bitcoin Scams

Cointelegraph

Published Mar 26, 2020 01:38AM ET

Updated Mar 26, 2020 03:20AM ET

The Manitoba Securities Commission (MSC) has issued a public warning against cryptocurrency scams after reports of fraud involving two European firms.

On March 20, the Manitoba securities watchdog published an investor alert regarding Jbcapitals and Halifax & Associated for defrauding a rural Manitoban of more than $5,500. The two firms are affiliated with each other and primarily operate in Switzerland and Denmark.

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