Data leak [loss] $2M+

Over $2.6-million lost to cryptocurrency frauds in less than four months in Richmond, B.C.: RCMP

2022-04-13 [vendor] RCMP report more than $2 million in crypto
Primary Source ↗
Financial Loss $2.1M (2,070,000 USD)

Incident Details

The police in Richmond, British Columbia say they’ve received 22 reports of crypto fraud, which have included fake investment schemes, romance scams, or scammers impersonating government officials. One individual targeted by a fake investment scheme lost CA$550,000, which he thought he was investing in foreign exchange companies that turned out to all be fake.

Total loss estimated at $2,070,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
RCMP report more than $2 million in crypto

Timeline

  1. 2022-04-13 Breach occurred
  2. 2022-04-13 Publicly disclosed