Woman Falls For Crypto Scammer On Tinder, Loses Entire 401(k) Savings Of $100,000
Portfolio Pulse from Mehab Qureshi
A woman lost her entire 401(k) savings of $100,000 to a crypto scammer she met on Tinder. The scammer pretended to be a French entrepreneur and persuaded her to invest in cryptocurrency after the crash of Silicon Valley Bank.

June 20, 2023 | 12:12 pm
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A woman lost her 401(k) savings to a crypto scammer on Tinder, who advised her to invest in cryptocurrency after the crash of Silicon Valley Bank.
The news of the scam may raise concerns about the security of cryptocurrency investments, but it is unlikely to have a significant short-term impact on the price of Bitcoin (BTCUSD) as it is an isolated incident and not directly related to the fundamentals of the cryptocurrency.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50