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How an AI-fueled romance scam drained a Bitcoin retirement fund

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 35 Views

A divorced investor’s tragic loss reveals how emotional manipulation, combined with AI technology, has weaponized crypto scams into a billion-dollar crime.

A recently divorced Bitcoin investor lost his entire retirement fund, one full Bitcoin, to an AI-powered romance scam orchestrated by a sophisticated criminal using deepfakes.

Pig butchering scams are relationship-based frauds that rely on emotional manipulation and AI-generated deepfakes to build trust before extracting maximum financial value from victims.

The scammer used AI to create synthetic portraits and conduct real-time deepfake video calls, making the fabricated relationship virtually indistinguishable from reality.

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