May 11, 2023 · Romance scammers conned victims out of $139 million worth of cryptocurrency last year, according to a February 2022 report from the Federal Trade Commission (FTC). …

Romance scams involve scammers forming online relationships, often quickly proclaiming love. Rapid relationship progression coupled with a lack of video calls and inability to meet in person …

Feb 13, 2023 · A cryptocurrency romance scam is an online scheme where a cybercriminal forges romantic relationships through online platforms to trick people into handing over crypto assets. …

Aug 16, 2023 · To hear about a woman who joins a dating app to make connections but encounters a crypto-romance scam, listen to this episode of AARP’s The Perfect Scam.

Feb 13, 2023 · The FBI has identified a trend in which romance scammers are increasingly pressuring victims to invest in cryptocurrency, which could lead to increased victimization in 2023.

Oct 1, 2024 · On this episode, we hear the firsthand accounts of Jules and Brian, two victims of romance crypto scams, who recently spoke at a FINRA Foundation conference on disrupting …

Sep 24, 2024 · One common tactic in cryptocurrency romance scams is called “Pig Butchering”, where scammers encourage victims to invest small amounts initially, then increase their …

Mar 22, 2022 · A fast-emerging risk vector, crypto romance scams see criminals exploiting vulnerability, insecurity, and gullibility to manipulate victims into sending digital assets or …

Jan 24, 2024 · Crypto romance scams attempt to build trust in victims through claims of romantic interest — before convincing them to share their assets. This scam almost always begins via …

Cryptocurrency romance scams have earned an unfortunate sobriquet – Pig Butchering Scam or “Sha Zhu Pan” – derived from the phrase Shāzhūpán (殺豬盤) in China where this model of …