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Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports

Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes, blockchain...

Man Sues Asian Banks Over $1M Pig Butchering Crypto Scam

Key Takeaways The case claims the banks failed to perform essential checks that could have prevented the fraud.  It also alleges the banks overlooked clear signs...

Feds seize seven websites involved in the “pig butchering” crypto scam

Key Takeaways: Seven websites that were being used to carry out pig butchering schemes have been seized by the US Department of Justice. Pig butchering is...

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