Cryptocurrency scams and the LGBTQ+ community | #datingscams | #lovescams


Cryptocurrency is the latest way that scammers are asking people to pay. And that’s important to know, since recent reporting suggests that crypto scams have an outsized impact on the LGBTQ+ community. As we celebrate Pride Month, watch for these top crypto-related scams: investment scams and impersonators.

Most crypto-related investment scams start with an unsolicited text, email, or message on social media (including dating sites and apps) with a promise: make lots of money with zero risk. But only if you buy or send crypto to the person contacting you (a scammer).

With impersonators, it’s all about gaining your trust — someone claiming to be from a well-known company, government agency, or someone on a trusted job website will contact you about a supposed problem with an account, benefits, or a job offer. But then they’ll ask for money and demand a crypto payment. These are all scams. 

To steer clear of most crypto-related scams, know that:

  • Only scammers will guarantee you’ll make lots of money or big returns. Don’t trust people who promise quick and easy money by helping you invest in the crypto markets.
  • Online dating and investment advice don’t mix. If a new keyboard Casanova wants to show you how to invest in crypto, or asks you to send them crypto, that’s a scam, too.

Report any crypto scams to ReportFraud.ftc.gov. And for more on what to know about cryptocurrency and scams, visit ftc.gov/cryptocurrency.



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