The post Crypto Scam Victim Devastated After Losing $2.5 Million appeared first on Coinpedia Fintech News
In a tragic incident, a Cocoa Beach man named Richard Dunlap lost $2.5 million in a crypto scam. It all started with a friend request on Facebook, which soon turned into a daily conversation.
According to reports, the number of crypto-related scams has increased in 2025, with billions stolen and trends like deepfakes and “pig butchering” becoming more prevalent.
Tragic Story of Crypto Scam Victim
Dunlap said he had received a friend request from a woman he didn’t know, but just because they had mutual friends on Facebook, he accepted her request. They soon started chatting on Facebook, which later shifted to WhatsApp. After months of usual conversation between the two, the women began convincing Dunlap to invest in crypto.
Dunlap finally gave in to her request and earned 40% profit on crypto. He even made a $3,800 withdrawal without issue. After noticing
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