WATCH: Our Benjamin Schiffrin spoke with NBC News about his report detailing how Americans are increasingly losing their life savings to what are called ‘pig butchering’ or ‘#romancebaiting’ scams. These scams involve online criminals who use fictitious profiles to lure their victims into fake romances and then steal their money by convincing them to invest in crypto. In 2023 alone, these scams accounted for over $4.4 billion in losses. Read the report here: https://bettermarkets.org/newsroom/crypto-crimes-of-the-heart/
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