But there is a new brand of crypto-related scams that is sweeping across the TikTok scene which targets job seekers with fake advertisements. The new scams are a mild form of pig butchering scams that leverage the scam through a long term relationship with the victims before eventually defrauding them.
XingChiDOJ reveals an $80 million 'Pig Butchering' crypto scam hitting Americans, intertwined with global human trafficking networks. UK joins the fight, imposing sanctions on individuals linked to the scheme, shedding light on a dark nexus of financial fraud and exploitation.
JoyCharged in an $80 million "pig butchering" scam, four individuals used cold calls to deceive victims into cryptocurrency investments.
Hui XinIn a groundbreaking operation, the U.S. Justice Department has successfully seized $9 million in USDT, Tether’s cryptocurrency pegged to the U.S. dollar. This move exposes a convoluted web of deceit, involving over 70 unsuspecting victims ensnared in what's known as "pig butchering" scams.
AaronTether collaborates with OKX and DOJ to investigate the largest ever freeze of USDT. It is related to an international human trafficking group in Southeast Asia.
OliveThe scheme swindled at least 29 investors out of more than $1.3 million, according to the CFTC.
CoindeskAuthorities are taking note of crypto scams and potential ways to deal with them.
BeincryptoAccording to Europol, the arrest was conducted on January 11, 2023, after German authorities requested an investigation in June of last year.
BitcoinistThere’s a new type of Bitcoin scam and it sounds so bizarre: it’s called “pig butchering” and you definitely don't ...
Bitcoinist