CHICAGO -- A woman in Illnois lost almost $1 million over several months to a scammer using the "pig butchering" technique. Just as a farmer fattens up a pig for slaughter, in the scheme a scammer ...
On Wednesday, June 18, the U.S. Attorney’s Office announced it had seized $225 million in cryptocurrency connected to pig butchering scams. The seizure involves funds stolen from 400 victims worldwide ...
CHICAGO (WLS) -- A west suburban woman lost almost $1 million over several months to a scammer using the "pig butchering" technique. Just as a farmer fattens up a pig for slaughter, in the scheme a ...
It started with a message on LinkedIn. She said her name was Anna and that she was working on a project in Toronto for a tech company. She said she had noticed improper large-volume trading in a ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...
Pig butchering scams were the leading attack vector for the cryptocurrency space in 2024, resulting in multi-billion dollar losses for millions of investors. According to data from web3 security firm ...