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Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express

Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party.

Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express

Malaysia pulled support for the Malaysia Blockchain Week after an influencer linked to OnlyFans was involved in an after-party scandal. In Hong Kong, romance-linked crypto investment scams resulted in $9 million being defrauded from lonely hearts, with one victim losing $3.3 million to a fake online boyfriend who convinced her to invest in a fraudulent crypto application. Meanwhile, FalconX, a crypto prime brokerage, laid off 10% of its global workforce as it prepares for a prolonged downturn in the cryptocurrency market.

Brief written by urgent.news from Cointelegraph's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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