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Two Canadian investors lose $2.3 million to deepfake cryptocurrency scams via digital platforms

Dec 21, 2025Canada

Summary

Two Canadians lost $2.3 million to deepfake cryptocurrency scams. The scams involved the use of deepfake technology to deceive victims into transferring funds. The victims were targeted through digital platforms, and the fraud resulted in significant financial harm.

Incident Details

Domain
Fraud & Financial
Harm Types
Deepfake Fraud
Mechanism
content
Recipient
IndividualTwo Canadians
Dimensions
economic