Spike in Crypto Scams Targeting Young Korean Women – Here’s How Fraudsters Strike

There has been a spike in South Korean crypto scams that target young women on social media platforms, a new study has revealed.
Per iNews24 and Hanguk Kyungjae, the study revealed that 71% of “romance scam victims” ensnared via social media in 2022 were women.
The vast majority of these women were “aged 39 or below.”
Almost 63% of these “romance scams” made use of crypto, fake coins, fake foreign exchange transfers, or bogus token trading platforms....
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