ambcrypto.com: Crypto scams cost Calgary citizens $22.5 mln this year

• There was a 60% rise in scams from last year, as citizens lost $14 million in 2022.
• Crypto scams are believed to be “vastly underreported,” authorities believed.

Citizens in Calgary, Alberta, have lost $22.5 million to 340 reported crypto scams in 2023 so far, said Canadian police. It signified a rise of 60% from last year, as citizens lost nearly $14 million to 321 reported crypto scams in 2022.

Crypto scams are believed to be “vastly underreported,” authorities believed.

The City of Calgary…