LND topic: pig-butchering page 1

pig butchering

Big Crypto Scams Lead to Global Arrests and New Battle Against Digital Fraud

April 30, 2026

A massive crackdown on fake cryptocurrency investment scams has just wrapped up, with over 270 arrests worldwide after a months-long investigation. Authorities say these scams, known as "pig-butchering, " tricked Americans into sending their savings by pretending to be friends or romantic interests

crypto

Crypto Scams: The Dark Side of Digital Money

February 13, 2025

In 2024, the world of cryptocurrency saw a troubling surge in scams. Cybercriminals are getting smarter and more organized, using artificial intelligence to their advantage. These scams are becoming more sophisticated and widespread. Blockchain research firm Chainalysis reported that crypto wallets

finance

The Billion-Dollar Betrayal: How a Kansas Bank's CEO Lost It All to a Crypto Scam

September 16, 2024

Imagine being the CEO of a small bank, trusted by your community to manage their hard-earned savings. Now, imagine being coerced into stealing millions of dollars from your own institution to fund a crypto scam, only to end up behind bars for 24 years. This is the shocking story of Shan Hanes, the f

finance

The Crypto Scam Epidemic: How Older Americans Are Falling Victim to $5.6 Billion in Losses

September 16, 2024

The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio