Source: TechCrunch.

Major tech companies including Match Group, Meta, Coinbase, and others have formed a new coalition called Tech Against Scams to combat online fraud and crypto scams. The coalition aims to find ways to fight back against scammers and educate the public about financial scams across dating apps, social media, and cryptocurrency platforms. Romance scams, social media scams, and investment scams have resulted in significant financial losses for users. By joining forces, the companies hope to protect their users from various types of fraud, including long-term crypto scams like “pig butchering.” The collaboration will involve sharing tips, information, and working.

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