
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, and as CNBC reports, it's the largest-ever seizure of its kind.
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.
Source: https://mashable.com/article/what-are-pig-butchering-scams Disclaimer of liability !!!
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4 months ago
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