2024-12-27 10:16 |
In 2024, "pig butchering" scams were the biggest danger to crypto users, costing $3.6 billion, according to Cyvers, a Web3 security company. origin »
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India is working with tech giants Google and Facebook to combat a surge in pig butchering scams, which often involve cryptocurrencies being used both as a hook to lure victims and a tool to launder the stolen funds. According to…
2025-1-4 14:18 | |
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Irish authorities have seized over $3.42 million worth of cryptocurrency, believed to be the proceeds of “pig butchering” scams committed by a Chinese syndicate. According to a report from the Irish Independent citing an unnamed source, an investigation led by…
2024-11-15 14:39 | |
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The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
2024-9-18 22:30 | |
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One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country.
2024-9-18 19:57 | |
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The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,” according to a Sept.
2024-9-12 02:15 | |
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The crypto market lost $313 million in August through scams and hacks. Pig butchering scams remain the largest and most lucrative for criminals in 2024. According to blockchain security The post August crypto hacks cross $313 mln: Worrying rise in pig butchering scams appeared first on AMBCrypto.
2024-9-2 10:00 | |
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The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering" scams.
2024-8-30 00:48 | |
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While other types of illicit activity are growing, scams are the biggest issue, Wednesday's report from the analytics firm said.
2024-8-30 15:00 | |
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Reports have repeatedly suggested that Tether worth billions of dollars has been laundered following pig butchering and sextortion scams — and it's a problem getting worse, not better.
2024-7-21 19:58 | |
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As summer heats up, so does the activity of crypto scammers on Canadian dating apps and websites. The Canadian Anti-Fraud Centre (CAFC) has reported a troubling rise in romance and investment scams, also known as ‘pig butchering’ targeting individuals on dating platforms, involving sophisticated schemes that leverage cryptocurrencies.
2024-5-30 03:00 | |
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The coalition also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge.
2024-5-23 12:00 | |
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A total of 23 entities including wallets, accounts and individuals, were traced in this stealthier version of a common crypto romance scam.
2022-9-29 03:32 | |
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Learn about working at Coinbase: https://www.coinbase.com/careers - Medium
2022-8-19 17:55 | |
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“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted.
2022-6-3 07:23 | |
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North Korean-linked operators have spent years quietly integrating into crypto firms and DeFi teams, raising fresh concerns about insider risk after a string of high-value exploits tied to the country’s cyber apparatus.
Drift said its $280M exploit followed months of planning and linked the attack with medium-high confidence to Radiant hackers.
Blockchain investigator ZachXBT has publicly accused Circle of failing to freeze stolen USDC as it moved through the company’s own cross-chain infrastructure during the $285 million Drift Protocol exploit on April 1, 2026 — raising pointed questions about when and…
Solana price fell nearly 9% following a major exploit on its Drift Protocol DeFi platform that drained nearly $300 million in digital assets. According to data from crypto.news, Solana (SOL) price fell 9% to an intraday low of $78.6 on…
U. S. prosecutors have moved forward with charges against a Maryland resident accused of carrying out two exploits that drained more than $54 million from the decentralized finance platform Uranium Finance.
Bo Shen offered a 10% to 20% bounty to help recover $42 million stolen from his wallet in a 2022 crypto hack case.
The notorious Lazarus Group may have been behind a cyberattack on crypto e-commerce store Bitrefill, the firm estimates. Detailing the March 1 incident in a Tuesday X post, the firm said the attackers used malware, on-chain tracing, and reused IP…