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by thomcano 1576 days ago
This is why you shouldn't wholeheartedly give money to people online without even knowing them that well.
4 comments

I would even expand this that you (probably) shouldn’t give $300,000 to anyone, ever.
The highlight to me in this article is how pandemic loneliness + crypto frenzy has made this type of victim a lot more common today.

You can't do anything about crypto over the short-term, but I hope the loneliness aspect of this gets reduced as people slowly go back to their pre-pandemic lives.

Except when they take time to "know you" with carefully crafted social engineering with full teams behind them- similar to some ad corporations.

Ex: China's "pig butchering scam": 70% of victims are woman https://coffeemeetsbagel.com/blog/blog/news/how-to-spot-the-...

I would focus more on the enabling technology for this scam (e.g., how would a victim transfer $300,000 using traditional financial system? how they might recover those funds if needed?)