The crypto industry has been plagued with countless scammers and fishy schemes that bait the unaware into losing all or a major portion of their cryptocurrency assets or funds. From the basic twitter Ethereum scams to an entire ICO that turns out to be fake, there have been numerous instances where victims have lost thousands of dollars.
Since crypto hasn’t been under any proper regulations, the fraudsters have the freedom to dupe crypto investors without any fear of the law.
Earlier this year, The Daily Chain reported on the infamous Chinese Bitcoin Ponzi scheme called the PlusToken. The group of scammers duped people of nearly $3 billion both in Ethereum and Bitcoin. They started off in 2018 and lured in victims by offering a huge return on investment. But to everyone’s despair, the company website suddenly went dark and the money disappeared.
Some scammers pretend to be official accounts of famous crypto twitter personalities and are seen commenting on various twitter posts. If one isn’t careful enough, they might as well fall for it because these scammer’s spare no effort in making their accounts look legitimate. One such scam was that of a scammer with a verified account pretending to be Elon Musk, CEO of Tesla and SpaceX.
Now, these scammers have gone to a whole new level with a new and even harder to spot crypto scam that too on Tinder. Over time Tinder has grown to be one of the most used global online dating platforms.
As per a Reddit report, it seems that the dating platform has now been turned into a hunting ground for cryptocurrency scammers.
The Reddit user mentioned that Asian girls, or profiles pretending to be Asian girls who are interested in cryptocurrencies, are trying to match with crypto enthusiasts. The accounts mostly originate from Hong Kong, which a huge cryptocurrency hub.
Once a user has matched with an account of this sort, the scammers take their time into leading the victim to believe that the person is completely legitimate, and when the victim is comfortable enough they reveal that they have information regarding an upcoming cryptocurrency which they claim to bring in huge returns.
This entire thing sounds too obvious but it has been reported that since September, two people have already claimed to have lost a combined amount of $60k with many others reporting to have lost a few thousand.
Another Reddit user commented on the same post claiming to have encountered one such scammer who was trying to bait him into investing in crypto, which she claimed would be used by the banks and would eventually give a 20x return on investment. On further research, the website turned out to be running on a revoked SSL certificate and an unencrypted application protocol.
The reason most people fall for scams like these is definitely greed. That along with lack of awareness and improper security results into a huge disaster for the victims.
In this digital era, one must always take proper precautions especially when it’s about money. The Cryptocurrency industry is still flawed and has a long way to go before we achieve mainstream adoption. So we advise all our readers to never trust anything that seems too good to be true, and always do proper research before investing in anything.