Cryptocurrency Brings Modern Twist To Online Romance Scams

After making what he thought was a good match on a dating app, Steven Belcher from Denver lost $1.8 million of his life savings in a cryptocurrency scam. The FBI says it received more than 4,300 complaints last year about cryptocurrency romance scams with total losses of more than $429,000,000. The Justice Department’s new director of cryptocurrency enforcement says it’s now the preferred method of payment for a range of scams. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC #Crypto #Bitcoin #Scams Cryptocurrency Brings Modern Twist To Online Romance Scams

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