Rising Bitcoin, Falling Stocks And Crypto Scammers On Tinder
Last Updated on 2 March 2022 by CryptoTips.eu
Bitcoin continues it’s upward momentum, although technical analysts claim that it would soon hit a ceiling (around $46k). Meanwhile many in the mainstream media have pointed out the possibility that Bitcoin could have temporarily decoupled from stocks because of Russian sanctions, claiming that oligarchs are trying to exchange their roubles for Bitcoin, which would in part explain Bitcoin (and other cryptocurrencies) fabulous rise over the past days.
Market Recap: Bitcoin and Ethereum extend gains as equity markets continue to fall
— Blockworks (@Blockworks_) March 2, 2022
Via @Luke_Conway_ https://t.co/Ywdlqss3Hs
Over in the US and Europe, stocks continued their downward momentum. Oil traded above $100.
Tinder, Hinge and Bumble
A recent podcast by The Guardian taught me that so-called romance scams, which stands for online scams which involve feigning romantic interest to gain a victim’s trust, have exploded during the pandemic. This is because it is harder to physically meet new people, so most have reverted to online dating, and thus chatting to get to know one another at first.
Problem is that crypto scammers have also noticed this and are now trying to extort women on dating apps like Tinder, Hinge and Bumble to invest their life savings in cryptocoins, after which they do a rug pull.
The New York Times recently did a piece on it which was mind-boggling.
Jane Lee, who works for the online fraud-prevention firm Sift, explained that:
People are lonely from the pandemic, and crypto is super hot right now. The combination of the two has really made this a successful scam.
SzemVik / Depositphotos.com
