Cryptocurrency Brings Modern Twist To Online Romance Scams

After making what he thought was a good match on a dating app, Steven Belcher from Denver lost $1.8 million of his life savings in a cryptocurrency scam. The FBI says it received more than 4,300 complaints last year about cryptocurrency romance scams with total losses of more than $429,000,000. The Justice Department’s new director of cryptocurrency enforcement says it’s now the preferred method of payment for a range of scams.