The scammers are expanding their web link in Asia, Europe, and the US.
Theresearchers have given a code name CryptoRom to the scammers.
Theattackers post fake profiles on legal dating sitesand make contact with the people.
All these malicious apps are distributed on the Web via fake websites that look similar to real sites.
They then make a run at persuade the target to install and invest in a fake cryptocurrency trading app.
There are reports that one victim has lost $87,000.
Also, these scams are done in the UK, where one of the victims lost $45,000.
The scammer contacted him through Facebook.
Another one lost $25,000 who was contacted through Grindr.
Most of the scam is done with crypto investors only.
You might lose your personal data, accounts, install malicious apps, or the scammers can do more.
The researchers have suggested that the iPhone users install apps from Apple App Store only to avoid such things.
