Scammers Ditch Complex Crypto Ponzis for ‘Pig Butchering’ Schemes: Chainalysis Report
Cybercriminals involved in cryptocurrency are increasingly turning to “pig butchering” scams instead of the longer-running Ponzi schemes, as law enforcement gets better at shutting down these elaborate scams. In the latest crypto crime update published on August 29, blockchain security firm Chainalysis reported a significant rise in pig butchering scams in 2024. The report highlights […]
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