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Cointelegraph by Abhinav Tewari

AI-powered romance scam with deepfakes drained an investor's 1 BTC retirement fund

A recently divorced Bitcoin holder lost his entire retirement savings, totaling one full BTC, after an online romance scheme used AI-generated identities and real-time deepfakes to build trust. The case shows how emotional manipulation combined with irreversible crypto transfers can defeat traditional fraud checks and overwhelm personal defenses.
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