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Feds seize $15B bitcoin in 'pig butchering' scam; avoid crypto fraud
Federal agents have quietly pulled off one of the largest financial seizures in American history, taking control of roughly 15 billion dollars in bitcoin tied to a sprawling "pig butchering" ...
This type of scam began attracting attention in China around 2019 and is typically carried out by Chinese organized crime groups. At the beginning of 2025, panic about fraud and human trafficking ...
On Wednesday, June 18, the U.S. Attorney’s Office announced it had seized $225 million in cryptocurrency connected to pig butchering scams. The seizure involves funds stolen from 400 victims worldwide ...
We may receive a commission on purchases made from links. For the uninitiated, cracklings (or "cracklins'") are essentially the same as pork rinds and chicharrones — fried pork skin. But cracklings ...
Pig butchering is a translation of the Chinese phrase "Shā Zhū Pán" and is one of the most devastating form of scam, targeting victims worldwide through sophisticated social engineering techniques, ...
It started with a message on LinkedIn. She said her name was Anna and that she was working on a project in Toronto for a tech company. She said she had noticed improper large-volume trading in a ...
Pig butchering, a form of romance fraud in which victims are groomed into sending money to fake crypto investment schemes, has grown into a multibillion-dollar industry, according to blockchain ...
There was the realtor whose wife liquidated her 401(k). The church secretary who invested her life’s savings. The husband who went into credit card debt, all to feed the beast. The cases that Steve ...
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