MarketPR
Fake romance crypto investment scams netted $9 million from Hong Kong victims in a single week, with one target losing $3.3 million to a single scheme.
The same week saw Malaysian authorities publicly push back against Malaysia Blockchain Week over an after-party tied to an OnlyFans controversy.
Hong Kong: $9M in a week The $9 million figure covers one week of losses in Hong Kong, driven by the romance-investment scam format.
Fraudsters build emotional trust with targets online, then direct them to counterfeit crypto investment platforms. One victim, described as a lonely heart, lost $3.3 million to the approach.
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