Love is in the air, but so are crypto scams! 😱 Canadian Anti-Fraud Centre (CAFC) and Canadian Investment Regulatory Organization (CIRO) warn citizens about a surge in crypto scams. The culprits? Hopeless romantics and investment enthusiasts. Scammers are playing cupid on dating apps, then swiftly moving the conversation to private messaging to discuss crypto trading. Beware of bogus investment platforms promising unrealistic returns! In 2023, Canadians lost a whopping $309.4 million to investment frauds, with $172 million from social media-related scams alone. Meanwhile, Canada plans to implement the Crypto-Asset Reporting Framework (CARF) by 2026 for taxation purposes. Stay vigilant, eh!