Belgian Regulator Warns of Crypto Scammers That Target Male Tinder Users With...
The Belgian regulator, the Financial Services and Markets Authority (FSMA), says scammers are employing new techniques which target Tinder and Facebook users. Using what the FSMA terms an “emotional scam,” criminals are targeting male users of the dating app Tinder with promises of exceptional returns on investments. However, the purported investments are in fact part of a plot to defraud unsuspecting Tinder users. As soon as the scammer gets the victim’s money, they disappear. Use of Fake Profiles In a public warning issued Dec. 3, the Belgian regulator explains how....
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Got bitten by the love bug? Crypto scammers on Tinder surely know how to pull the right emotional strings to crack open your crypto wallets. They have been using emotional manipulation and sweet nothings to target singles in the famous dating app and they’re getting good at it day by day. Suggested Reading | How […]
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Disappointing financial results have seen Tinder lay off its current CEO, slash funding to metaverse development and ditch plans for its digital currency, Tinder Coins. Match Group, the parent company of popular dating app Tinder, says it is cutting funding for Web3-related research and development amid disappointing Q2 earnings and the departure of Tinder’s current CEO. In a letter to shareholders on Tuesday, Match Group CEO Bernard Kim revealed that it will be scaling back its metaverse investments as well as scrapping plans to release an in-app digital currency called Tinder Coins.The....
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K. have to be authorized or registered by us,” said the regulator.
FCA Warns About FTX Operating Without Authorization
The U.K. Financial Conduct Authority (FCA) published a warning on its website Friday regarding crypto exchange FTX. The regulator detailed:
We believe this firm....
The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert this week, warning about “digital asset financial services companies that offer interest-bearing crypto-asset accounts.” The regulator explained: “With....