'The pandemic was very difficult and Instagram was incredibly beneficial,' says bar owner
Scott Bennett was watching Instagram stories back on June 3 when he noticed something off about a friend's business page.
While browsing, he saw that the account for Hamilton-based Bar Sazerac posted what looked like a fabricated and off-brand screenshot about 10 minutes earlier. It showed a picture of a digital wallet used for cryptocurrency.
"It appeared to be a cryptocurrency wallet with their bar's name in it, saying how thankful they were to some unknown Instagram account about their record profits," Bennett said.
After working in the information technology (IT) and cybersecurity field for more than a decade, Bennett knew something was fishy.
"This made no sense to me, considering they're a cocktail bar and would have absolutely no reason to be posting about record-breaking cryptocurrency profits," Bennett said.
Crypto crime is on the rise in Canada and the U.S. The Canadian Anti-Fraud...
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