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Crypto Rom – an international digital currency scam ring – appears to have grown heavily over just the last year. The organization works by engaging in romance scams in which both iPhone and Android users are duped into thinking someone is interested in them after meeting on Tinder and other social media apps. From there,...

The post Romance Scam Group Crypto Rom Has Gotten Much Bigger appeared first on Live Bitcoin News.

Bitcoin is great and having a romantic relationship with someone can also be rather rewarding, but as we’re learning in recent days, the two don’t always go together. A woman that used the dating app Hinge now has an empty wallet after someone posing as potential boyfriend material scammed her out of more than $300,000...

The post Online Romance Scam Tricks Woman Out of $300K in Bitcoin appeared first on Live Bitcoin News.

Romance scams with crypto are on the rise. FBI warns crypto investors amidst valentines day.  All countries are affected by

The post has appeared first on thenewscrypto.com

The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,” said the FTC. FTC Warns […]

The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams involving cryptocurrencies. Just a few days ahead of Valentine’s day, the FBI San Francisco field office alerted the public about the rise in romance scams based on the complaints filed with the FBI’s Internet Crime Complaint Center […]

The US Federal Trade Commission (FTC) said on Thursday that Americans reported record high losses of more than $547 million to romance scams in 2021. This is up 80% compared to 2020 and over 6 times compared to reported losses in 2017. Financial losses originating from romance scams have increased significantly over recent years, with a […]

A typical cryptocurrency fraudulent scheme resulted in a loss of around $200,000 for a British individual.

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