Scammers are increasingly using cryptocurrency to trick people into sending money, and it’s happening more often than you might think.

These scams often begin when someone builds trust through social media, texting, or even a new online relationship. Over time, they may start asking for money and direct you to send it using a cryptocurrency kiosk or app.

Once the money is sent, it’s very difficult to get it back.

Why This Is a Red Flag

Cryptocurrency is not typically used for everyday payments. Scammers prefer it because:

• Transactions are fast
• Payments are hard to reverse
• The person receiving the money is often anonymous

If someone asks you to send money using cryptocurrency, it should raise immediate concern.

Common Signs of a Scam

Be cautious if you notice:

• Someone you’ve never met asking for money
• Requests that start small and grow over time
• Pressure to act quickly
• A request to pay using cryptocurrency, gift cards, or apps
• Promises of future rewards or shared plans

How to Protect Yourself

• Pause before sending money
• Talk to someone you trust
• Never send cryptocurrency to someone you don’t know
• Be cautious with online relationships

Remember

Scammers are skilled at building trust and creating believable situations. This can happen to anyone. If something feels off, trust your instincts and ask questions before taking action.