ZachXBT pointed out that Canada was the worst jurisdiction for crypto crime victims and pinpointed Toronto as one of the global hotspots for fraud. Canada ranks even higher than countries like the U.K and India, with Nigeria, Algeria, Bangladesh, and Morocco also mentioned among the worst.
Key Takeaways
ZachXBT named Canada the worst country for crypto crimes as local police ignore evidence and fail victims.The UK and India rank second and third, with Indian police criticized for incompetence and wrongful arrests.ZachXBT is now refusing to help Canadian victims and will block poorly ranked nations from his support site.The list has names like Nigeria and Algeria. Nonetheless, Canada, a first-world economy, ranks as the worst jurisdiction for crypto victims, while the U.K. and India take second and third place, respectively.
“Canada is the type to receive a full report on threat actors from The Com, ransomware, or home invasion robberies with evidence used to prosecute cases in multiple jurisdictions and still not assist victims while claiming it’s a first world country,” he declared.
“Toronto is currently one of the hot spots globally for fraud,” he stressed, also revealing that law enforcement agencies seized Tradeogre assets from innocent users as they couldn’t separate illicit movement from legit activity.
Another case involved a lack of investigation over an Iranian over-the-counter exchange after it was used in the laundering of funds obtained through a home invasion robbery.
“When my website launches soon, we will block all low-quality countries from access to my support,” the investigator announced in his Telegram channel, after accusing one of the mentioned countries of using bots to react to his post.
