CNF - July 19 - 200 crypto traders from 20 countries have lost ~$70M in scams revolving around the cryptocurrency OEN. The scam was carried out by scammers pretending to be attractive Chinese women. They approached their marks on dating sites and went on to convince them to invest in crypto via text and voice messages on WhatsApp. After this, the "women" cut ties. A June report by Investopedia shows that cryptocurrency scams alone result in a loss of ~$9M each day.
by Tukiya Mutanya
See full article at CNF
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