According to a report by Deep Tide TechFlow, on June 26, the Australian Federal Police contacted over 90 Australians as part of an operation to combat cryptocurrency ATM crime. One 77-year-old widow lost AUD 433,000 (approximately USD 282,000) in an online dating scam.
The victim met a scammer on a dating app who claimed to be a Belgian man. The scammer induced her to invest in Bitcoin by showing fake documents and claiming to have earned AUD 13,000 in a week. Over 18 months, the victim transferred her entire life savings into a Bitcoin ATM.