ZachXBT Ranks Canada Worst Jurisdiction for Crypto Fraud Victims

India's law enforcement he called “incompetent,” citing cases where official institutions asked for help releasing stolen funds linked to the North Korean Lazarus Group. He pointed to an incident where local police arrested exchange founders after confusing them with a phishing site.

Two specific Canadian cases drove his assessment. In one, police ignored reports about a phishing scam actor who later moved into ransomware operations worth millions. In another, authorities did not investigate an Iranian over-the-counter exchange after it was used to launder funds from a home invasion robbery.

The ranking matters for investors and traders who rely on local law enforcement to pursue stolen assets. Canada's position suggests that victims there may need to look to private investigators, civil litigation, or international channels rather than local police. The same applies to India, where institutional confusion between legitimate exchange operators and phishing sites creates its own risks.

In June, ZachXBT said he stopped taking on new victims from Canada, citing the pattern of inaction. He announced on his Telegram channel that when his website launches, he will block support access for users from “low-quality countries.” He accused one of the listed countries of using bots to react to his post.