Sophos has released new information about CryptoRom, an international cryptocurrency trading scam that targets iPhone and Android users via popular dating apps such as Bumble and Tinder.

With social media being the digital playground for most teenagers, it’s only natural that enterprising fraudsters will try to target them where they spend most of their time.

Indeed, older – and often lonely – people are at particular risk, the older generation is often trusting by nature and may not be attuned to the pitfalls that online dating platforms.