This Valentine’s Day, Be Wary of Crypto Scammers: FBI Warning

It’s Valentine’s Day morning on February 14, the sun is shining bright and courtesy a rare celestial event, you are feeling lucky today as Cynthia from Philly has just sent you a request on Gram. But, hold your horses, says the Federal Bureau of Investigation, as they believe you could be set up for an elaborate scam involving cryptocurrencies.

Ahead of Valentine’s Day, the FBI has issued a warning against crypto scammers trying to dupe unsuspecting victims looking for their “perfect match” online. According to FBI officials, over the past few years, February 14 has served as an opportunity for scammers to develop personal relationship with victims and then lure them with fake cryptocurrency investment schemes.

The advisory issued by FBI Philadelphia asks citizens to exercise caution while accepting requests from strangers on social media, especially around the Valentine’s Day week, as they believe a new modus operandi of “romance scamming” is in play.