Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...
(NewsNation) — It’s a graphic, gruesome term for what has become a worldwide scam responsible for stealing an estimated $75 billion from people worldwide: Pig butchering, so named for the practice of ...
… but our independent journalism isn’t free to produce. Help us keep it this way with a tax-deductible donation today. At the beginning of 2025, panic about fraud and human trafficking erupted on ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the ...
A Pig in a butcher's outfit, intensely typing on a computer. Today is Halloween, a time for ghouls, goblins and harmless pranks. But in the digital landscape, there’s a new trick with devastating ...
At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into traveling to Thailand for an ...
Law enforcement seized $200,000 belonging to a Massachusetts victim who wired more than $500,000 into a suspected fake crypto ...
In recent years, a new type of scam has been targeting cryptocurrency users called the “pig-butchering scam.” Has anyone been really interested in getting to know you via dating apps or any of your ...
Pig Butchering Crypto Scams are scams which resemble the practice of fattening a hog before slaughter. “Victims invest in supposedly legitimate virtual currency investment opportunities before they ...
The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold and is prompting concerns over national security. In a podcast, Chainalysis ...
More than 200,000 people in Southeast Asia have been forced to run online scams in recent years, often being enslaved and brutalized, as part of criminal enterprises that have netted billions in ...
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