Dating apps have become a breeding ground for crypto scams, costing Americans $36.9 million in 2025 alone. Initially, these scams begin with friendly messages that build trust over time, leading victims to believe they are engaging in legitimate investment opportunities. Scammers use flattering messages, fake trading platforms, and manipulated videos to lure victims, only to impose fees and delays when they attempt to withdraw their funds. In 2023, Americans lost over $5.6 billion to crypto scams, with romance scams being the most prevalent. These scams often involve complex operations, including shell companies and international money laundering. The U.S. Department of Justice has charged several individuals involved in these schemes, which utilize stablecoins like Tether for quick, low-scrutiny transactions. The DOJ's crackdown aims to regulate these practices and trace illicit crypto flows. As romance scams continue to evolve, awareness and education about crypto investments are crucial to protect potential victims from falling prey to these sophisticated frauds. Read more AI-generated news on: https://app.chaingpt.org/news