U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud
May 30, 2025Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has levied sanctions...
Romance
Crypto platform Debiex to pay $2.4M for online romance scam
US derivatives market regulator The Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the District...
The 85X Rise of Romance Crypto Scams
Romance scams prey on the lonely hearts and wallets of unsuspecting individuals. Chainalysis reported a staggering surge in such scams,...
How Did This Romance Scam Compound Steal $100M Crypto?
Chainalysis has revealed discoveries regarding KK Park, Myanmar’s notorious pig butchering facility, where $100 million was stolen by coercing the...
US Justice Department seizes 9 mln USDT in romance scam takedown
contributor Posted: November 22, 2023 The frozen funds were associated with scammers who orchestrated romance scams. The Justice Department also...
The rapid rise of cryptocurrency romance scams
The following is a guest post from Brendan Cochrane and Katya Gozias.“Pig butchering” scams, where victims are “fattened” up with...
Beware of pig butchering. Romance and investment crypto scams are on the rise, says Binance
Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insights on policy and regulation. We’ve all gotten the text....
Minnesota Man Loses Over $9 Million in a Crypto Romance Scam: Report
A resident of Eden Prairie, Minnesota, whose name was undisclosed, has reportedly parted with $9.2 million after falling prey in...
How This Woman Lost Over $200K in a Crypto Romance Scam
A British pensioner living in Nottinghamshire parted with $207,000 after becoming a victim of a bitcoin romance scam. The police...
NFT Artwork: Art Market Pushes On With Rocky Crypto Romance
In this file photograph taken on February 15, 2022, a gallery assistant looks at a digital reproduction of the...