US Targets $456K in Crypto Allegedly Tied to Dating Site, Facebook Fraud
By Kevin Helms
Federal prosecutors sought forfeiture of cryptocurrency allegedly taken through romance fraud targeting people on dating sites and Facebook. The Massachusetts case followed failed withdrawals from fake investment platforms and efforts to trace payments made by victims. Prosecutors Pursue Funds Traced to Romance Fraud…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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