Crypto Criminals Ramp Up Pig Butchering Scams

Pig butchering—a drawn-out process in which criminals gradually entice victims to hand over assets—has become the number one fraud threat for crypto investors. In 2024, pig butchering scams resulted in $3.6 billion in stolen assets from crypto investors. A report released by Cyvers, a Web 3 security firm, revealed that the most targeted currency in … Continue reading Crypto Criminals Ramp Up Pig Butchering Scams