In Canada, rising cryptocurrency adoption has coincided with an increase in crypto-related crimes. Investment scams hit a record high in 2022, with $308.6 million lost, almost double the previous year. Home invasions targeting crypto holdings have also occurred. A Calgary man experienced a violent home invasion where armed men forced him to reveal his crypto wallet keys. Stolen funds were traced, leading to recovery. Another case involved a senior losing $7.5 million to a sophisticated scam. Authorities have issued warnings about such crimes, leading to a decline in crypto ownership. Bitcoin ownership dropped from 13% (2021) to 9% (August 2022). Despite some decline in crypto crime this year, Canada's adoption ranks 22nd globally, below the US and the UK.