Authorities in the Asia-Pacific region have crippled a large-scale pig butchering cryptocurrency scam operation, freezing nearly $47 million in USDT linked to victims. This action was coordinated by […]
Binance, Tether, Others Freeze Over $50 Million Connected to Pig Butchering Scam
Blockchain tracing firm Chainalysis played a key role in a joint investigation that resulted in the freezing of almost $50 million linked to a pig butchering scam. The […]
Binance, Industry Leaders Freeze $49.6M USDT in Pig-Butchering Scam
In a significant win against digital fraud, a collaboration between blockchain analytics firms, stablecoin issuers, and major exchanges has led to the freezing of nearly $50 million in […]
What is Pig Butchering: A Detailed Guide to Avoiding Scams
Imagine strolling through a bustling market, the scent of sizzling meat in the air. Now picture someone mentioning ‘pig butchering.’ You might picture a butcher sharpening his knife […]
Australian Court Dismantles 17 Companies in Major Crypto Scam Crackdown
An Australian court has approved the shutdown of 17 companies accused of orchestrating a series of illicit activities, particularly a notorious pig butchering scam targeting unsuspecting individuals online. […]
Woman’s $3 Million Cryptocurrency Loss Highlights Emerging Deceptive Investment Schemes
A recent case involving a victim in Maryland highlights the growing problem of sophisticated investment scams targeting individuals through messaging platforms. This scheme involved a long-term trust-building strategy, […]