Warning: Tunnel of Love Leads to Scams
ID: d196ff0f-477c-52a2-abb2-df736d51842d
STIX ID: report--d196ff0f-477c-52a2-abb2-df736d51842d
Feed Name: Dark Reading
Date Published: 2025-02-14
Date Updated: 2026-04-21
Author: Kristina Beek, Associate Editor, Dark Reading
**Executive summary:** The brief describes a significant increase in "pig-butchering" romance/crypto scams in 2024 — victims rose ~210% and total losses increased ~40% — with reports of operations run from compounds in Southeast Asia; however the average loss per victim fell ~55%, indicating a possible shift to targeting more victims with smaller payments. Users of dating apps are advised to avoid sending cryptocurrency, wires, or prepaid gift cards to people they do not know.
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