FBI Launches New Effort to Tackle Cryptocurrency Scams, Protect Investors

The FBI has taken action against a crypto investment scam linked to FUNNULL, aiming to safeguard investors from fraudulent schemes. The operation focuses on ‘pig butchering,’ where scammers build trust and lure victims into fake platforms before stealing their funds. These scams operate through deceptive websites posing as legitimate investment platforms, leading to significant losses for many victims.