Former Banking Regulator During GFC, Crypto Policy Since 2016 Pig butchering is a fast-growing scam involving online romance, fake crypto returns, and human trafficking that is stealing millions ...

A pig butchering scam is a common type of online scam in which cybercriminals gain a victim's trust and then convince them to invest in a fake crypto investment opportunity. It's a cruel, crude, ...

"The U.S. Secret Service, FBI, and our private partners worked diligently to trace these illicit transactions, identify ...

Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 ...

The Department of Justice (DOJ) on Wednesday announced the largest-ever seizure of cryptocurrency funds linked to so-called ...

Pig butchering. Victims are fattened up, made to trust the scammer and think they are making tons of money, until they are mercilessly taken—sometimes for everything they have.

Pig butchering scams grew significantly in 2023, more than doubling revenue year-over-year. According to Chainalysis, an average payment in a pig butchering scam could go as high as $4,593, ...