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Category Pig butchering

Japanese Police Arrest Prince Group Executive in $15 Billion Crypto Scam Investigation

Japanese Police Arrest Prince Group Executive in $15 Billion Crypto Scam Investigation

BitcoinWorld Japanese Police Arrest Prince Group Executive in $15 Billion Crypto Scam Investigation Tokyo police have arrested Hu Xiaowei, a senio...
U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams

U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams

Bitcoin Magazine U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams U.S. authorities have seized over $580 million...
Crypto ‘Pig-Butchering’ Scam Escalating Into A National Security Risk— Study

Crypto ‘Pig-Butchering’ Scam Escalating Into A National Security Risk— Study

Chain analysts and law enforcement are sounding the alarm about a type of fraud known as “pig-butchering,” in which criminals groom victims online ...
US to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese scammer

US to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese scammer

The US government is moving to seize 127,271 Bitcoin worth about $14.2 billion, which investigators say was generated through a cross-border “pig b...
Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis

Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis

Crypto scammers are shifting from large-scale Ponzi schemes to more focused strategies like emotionally manipulative pig butchering, work-from-home...