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Jul 29, 2020		 Warning in Saskatchewan issued about Bitcoin trader

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The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is alerting the public about a Bitcoin trading company that could be undertaking fraudulent activities.

The company, CrypTrade24, promises up to 200 per cent return on investment within 20 days, which the FCAA said is a red flag for fraud.

“A guarantee of high investment returns with little or no risk is a key indicator of a fraudulent investment,” said FCAA Director of Enforcement Harvey White, in a news release. “It’s important for investors to practice due diligence. You should always check to see if the person or company offering the investment is registered.”

CrypTrade24 claims to be registered in the Netherlands and says it’s operating in Manitoba, but the Manitoba Securities Commission has found that the company doesn’t operate in the province and isn’t registered in the Netherlands.

The company is not registered in Saskatchewan, the FCAA said. Individuals or companies need to be registered with the FCAA in order to sell securities or deliveries in the province.

The Canadian Securities Administrators’ National Registration is a free tool that investors can use to check registrations, the FCAA said.

Here are some red flags that may indicate the investment is fraudulent:

Guarantee of little or no risk, and high investment returns.
Companies are not registered with the FCAA.
High-pressure sales tactics to invest quickly.
Secret or “insider” information with limited time offers.
Offers from complete strangers.


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CURRENT WEATHER
REGINA, SK, CANADA
Sunday Aug 30, 2026 6:30 pm
18℃
FEELS LIKE 18℃
OVERCAST CLOUDS
 
VISIBILITY: 10.0 KM WIND DIRECTION: W
HUMIDITY: 82% WIND SPEED: 17 KM/H
UV INDEX: 0 WIND GUST: 0 KM/H
   
WEATHER CONDITIONS FOR THE NEXT 8 HRS
6 pm
18 ℃
HEAVY INTENSITY RAIN
WIND: NW 28 KM/H
GUSTING TO 45 KM/H
 
7 pm
18 ℃
OVERCAST CLOUDS
WIND: W 16 KM/H
GUSTING TO 24 KM/H
 
8 pm
17 ℃
OVERCAST CLOUDS
WIND: W 21 KM/H
GUSTING TO 35 KM/H
 
9 pm
16 ℃
OVERCAST CLOUDS
WIND: WSW 15 KM/H
GUSTING TO 29 KM/H
10 pm
16 ℃
OVERCAST CLOUDS
WIND: WSW 15 KM/H
GUSTING TO 34 KM/H
 
11 pm
16 ℃
BROKEN CLOUDS
WIND: WSW 11 KM/H
GUSTING TO 17 KM/H
 
12 am
15 ℃
BROKEN CLOUDS
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GUSTING TO 19 KM/H
 
1 am
15 ℃
CLEAR SKY
WIND: W 11 KM/H
GUSTING TO 23 KM/H
THE SEVEN DAY FORCAST
TODAY
HIGH OF 21 ℃
LOW OF 16 ℃
VERY HEAVY RAIN
 
MONDAY
HIGH OF 15 ℃
LOW OF 10 ℃
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TUESDAY
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FEW CLOUDS
 
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HIGH OF 26 ℃
LOW OF 17 ℃
MODERATE RAIN
 
FRIDAY
HIGH OF 27 ℃
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FEW CLOUDS
 
SATURDAY
HIGH OF 29 ℃
LOW OF 16 ℃
FEW CLOUDS
 
SUNDAY
HIGH OF 25 ℃
LOW OF 18 ℃
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    WIND WARNING
ISSUED BY: ENVIRONMENT CANADA
START DATE: SUNDAY AUG 30, 2026 3:08 PM
END DATE: MONDAY AUG 31, 2026 7:08 AM		    
   
DAMAGING WINDS ARE EXPECTED. AN INTENSE LOW PRESSURE SYSTEM WILL PRODUCE SEVERE WESTERLY WIND GUSTS TOMORROW ACROSS PORTIONS OF SOUTHERN SASKATCHEWAN. WHAT: WESTERLY WIND GUSTS OF 90 TO 100 KM/H. WHEN: BEGINNING NEAR NOON MONDAY AND PERSISTING UNTIL EARLY EVENING. WHERE: PORTIONS OF SOUTHERN SASKATCHEWAN. WINDS WILL EASE FROM WEST TO EAST ACROSS THE PROVINCE BY EARLY MONDAY EVENING.

LOCAL UTILITY OUTAGES ARE POSSIBLE. DRIVING CONDITIONS WILL LIKELY BE DIFFICULT. HIGH-SIDED VEHICLES WILL BE PUSHED AROUND BY THE WIND. DAMAGE TO ROOFS, FENCES, BRANCHES OR SOFT SHELTERS IS POSSIBLE. WIND WARNINGS ARE ISSUED WHEN THERE IS A SIGNIFICANT RISK OF DAMAGING WINDS. PLEASE CONTINUE TO MONITOR ALERTS AND FORECASTS ISSUED BY ENVIRONMENT CANADA. TO REPORT SEVERE WEATHER, SEND AN EMAIL TO SKSTORM@EC.GC.CA, CALL 1-800-239-0484 OR POST REPORTS ON SOCIAL MEDIA USING #SKSTORM.

    








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