Recently, a US citizen from Florida contacted Cybernews to ask for assistance. After fostering a long-term connection, con artists eventually persuaded him to invest in cryptocurrencies, luring him into parting with $480,000.
The scam, sometimes known as cryptoromance, frequently involves fictitious love interests. In Southeast Asia, where it is commonly carried out by criminal gangs, the scheme is known as Sha Zhu Pan, which translates to pig butchering.