September 16, 2021

Asian Lonely Hearts Falling Victim to Bitcoin, Tether Scammers

Source: Adobe Stock / aleutie

More Asian lonely hearts are reportedly being tricked out of their hard-earned money – and tokens like bitcoin (BTC) and tether (USDT) – by a growing number of scammers who prey on the unsuspecting users of dating apps.

Several reports from the region have recounted how romance-seeking smartphone users have been sucked into traps by unscrupulous individuals posing as exotic international crypto traders – only to rob their victims using bogus exchange sites and other underhand tactics.

Per UTY (via Yahoo Japan), a woman “in her 30s” from Kai, Yamanashi Prefecture, met a man claiming to be a foreigner online in May.

After chatting and developing an online relationship, the man then explained that he was a successful crypto trader who had exclusive knowledge about how to make money from trading tokens. He convinced her to make a USD 910 investment using what appeared to be a bona fide…

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