Cryptocurrency Q&A
What is a crypto dating scam?
What is a crypto dating scam?
Silvia
Sat Jul 13 2024
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8 answers
1406
In the realm of cryptocurrency and online dating, a crypto dating scam typically refers to a deceptive practice where individuals seek to establish romantic relationships with unsuspecting victims in order to defraud them financially. These scams often involve the use of fake profiles on dating platforms or social media, with perpetrators luring victims into believing they've found a genuine romantic interest. Once trust is established, the scammers will typically manipulate the victim into investing in cryptocurrencies, often promising unrealistic returns, or convince them to send cryptocurrency directly to them. The end result is a significant financial loss for the victim, who has fallen prey to a calculated and heartless scheme.
8 answers
CryptoVisionary
Mon Jul 15 2024
This terminology stems from the analogy of a farmer fattening a pig before slaughter.
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ZenMindful
Mon Jul 15 2024
In this context, scammers apply a similar approach by initially flattering and gaining the trust of their victims.
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Dario
Mon Jul 15 2024
They engage in prolonged conversations, showering their targets with compliments and attention.
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Lucia
Mon Jul 15 2024
Cryptocurrency dating scams often adopt a deceptive tactic known as "pig butchering" or "sha zhu pan" in Chinese.
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CryptoBaron
Mon Jul 15 2024
This serves to create a sense of comfort and familiarity, leaving victims vulnerable to future manipulations.
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