All That Glitters Is Not Gold in the Crypto Dating World | CoinMarketCap

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All That Glitters Is Not Gold in the Crypto Dating World | CoinMarketCap
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Don't be blinded by love! 💔 There are still 'tinder swindlers' that are always there in the crypto world to lure out your Bitcoins! 🤯

Social Engineering Tactics

The famous Nigerian prince scam where strangers would email victims and offer money only to con them later was much more obvious than the subtle crypto scams. Their vague nature is what makes them so dangerous. A relationship of trust that spans over months is first built by the scammer, indicating their patience at making the fraud work.

The bureau even issued an official warning statement that read, “The FBI San Francisco has seen a rising trend in which romance scammers are persuading individuals to send money to invest or trade cryptocurrency." Sick of being bitten by fraud, former victims of crypto scams banded together to create the Global Anti-Scam organization , dedicated to fighting swindles in the crypto space. The organization reported that out of 1,200, 400 members were US citizens. The victims of romance scams deal not only with high debts but also with the emotional trauma that could last a lifetime. General crypto scams too can drive victims to bankruptcy, as was the case for most GASO members.

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