- Romance scams with crypto are on the rise.
- FBI warns crypto investors amidst valentines day.
- All countries are affected by crypto romance scams.
Once the month of February arrives every year, so do the hearts! Yes, the much lovable month, the month with the valentines day, ought to merge hearts together all over the world and those few who are unlucky ought to get their hearts broken too.
However, with the year 2022, this valentines day could quite be different. The Federal Bureau of Investigation (FBI) terms that this valentines day may not only break one’s heart but also burn a hole in their digital wallets!
The Crypto Romance Scam
Scammers are looking at all possible ways to loot what you have got. With the digital age on the onset, so do digital scams too. In such terms, one of the best scams from the old ages till present is the one playing with one’s emotions, possibly terming the word ‘Romance’ here!
Firstly, the romance scam is one in which obviously, the males are the most affected. Usually, anonymous persons, either male or female come up with new identities, portraying themselves as someone else. They tend to get involved with the victim and over time gain the trust, affection and love of the victim. Once bond is high, the scam occurs, as the scammer asks the victim for money or other valuable assets for a certain valuable reason, which usually is a lie obviously.
Now, all the same takes place, but with the crypto as what’s being looted here. In spite of this, the FBI has carried out numerous such cases over the years. Also, the FBI states that such romance crypto scams are on rise profusely over the past 5 years.
Accordingly, the FBI states that people over all ages from 18 to 70 are being the victims. And so, the crypto being scammed ranges from about as low as $750 all the way to $9000. In spite of the ease of online romance scams, the FBI points out that the crypto industry is obviously accountable for a part, as they ease the ways of transfering money.
Finally, the FBI warns that people have to be aware of such romance scams, especially with transactions of crypto. With Valentine’s day to go on in a few hours, the FBI advises people to not trust anonymous individuals blindly. But whatsoever, love ought to be blind though! Such irony!
