FTC issues urgent warning over rising crypto romance scams
The FTC asked users to report scammers to the government and warn their loved ones about the scam. Go to Source
crypto romance scams
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Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half of the $407.7 million that was lost to … Read more
‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted. Go to Source Powered by WPeMatico
FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments
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 … Read more
