US Prosecutors Warn of Crypto-Linked Romance Scams Ahead of Valentine’s Day
The post US Prosecutors Warn of Crypto-Linked Romance Scams Ahead of Valentine’s Day appeared on BitcoinEthereumNews.com.
In brief Prosecutors say scammers often shift chats to encrypted apps before pushing crypto payments or investments. Analysts warn the schemes use slow trust-building, sometimes allowing small withdrawals to bait larger deposits. U.S. officials link the frauds to Southeast Asian crime networks laundering stolen crypto. U.S. prosecutors are warning that Valentine’s Day may be peak season not just for flowers and dating apps, but for romance scams increasingly tied to crypto fraud and organized crime networks. In an alert issued Thursday, the U.S. Attorney’s Office for the Northern District of Ohio urged the public to remain vigilant as scammers exploit online relationships to extract money, often steering victims toward crypto payments and fake investment schemes after weeks or months of trust-building. Many of these cases now intersect with what researchers describe as “pig butchering” schemes, long-form frauds that combine emotional grooming with fake crypto investment platforms. Ohio prosecutors warn that red flags include requests to migrate conversations off dating platforms to WhatsApp or Telegram, early declarations of love, persistent refusal to meet in person, and payment requests via crypto, gift cards, or wire transfer. Balazs Faluvegi, senior analyst at BrokerChooser, told Decrypt that what makes these schemes so destructive is precisely what makes them so hard to see coming. “Unlike traditional scams, which execute quickly, these schemes exploit both emotional and financial vulnerabilities,” he said. “Scammers spend weeks or even months building your trust before introducing seemingly lucrative investment opportunities, casually mentioning their success, and offering to teach you. Remember, no random stranger has a genuine interest in helping you make money,” he added. Faluvegi said scammers often begin with cold outreach and build a close personal rapport over time before steering targets toward bogus crypto investments on fake platforms that show inflated returns and demand larger deposits, only…
Filed under: News - @ February 13, 2026 5:25 am