Pig Butchering News

Long-term trust-building tactics power pig-butchering crypto scams, the fastest-growing fraud threats today.

Social engineering and impersonation-related scams were the most frequent attack vectors targeting crypto investors in AMLBot’s investigations last year.

Phantom Chat is under scrutiny after a phishing attack drained $264,000 in Wrapped Bitcoin, renewing concerns over wallet UX and address poisoning scams.

The apparent shutdown follows years of scrutiny of one of crypto’s largest fraud marketplaces.

A divorced investor’s tragic loss reveals how emotional manipulation, combined with AI technology, has weaponized crypto scams into a billion-dollar crime.

An investor willingly sent his hard-earned Bitcoin retirement fund to a scammer, losing his entire stash after falling for a pig butchering scam despite repeated warnings.

Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale.

The victim of a $20 million crypto scam who sued Citibank last week for allegedly ignoring “red flags” has filed a similar complaint against two more banks.

The victim of a $20 million crypto pig butchering scam has sued Citibank, alleging it ignored “red flags” and should have investigated suspicious activity.

In the crypto world, social engineering scams trick users into giving up sensitive information or access. Learn the best ways to stay protected.

Crime syndicates are minting stablecoins and building exchanges to launder billions of dollars, warns a UN report.

The Australian securities regulator’s application to close 95 “hydra” firms believed to be running crypto trading and romance scams has been approved by the Federal Court of Australia.

The latest Cointelegraph video explores one of the most dangerous crypto scams, “pig butchering,” by sharing some of the victims’ real stories. 

Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam.

The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media.