An investment scam called “pig butchering” has cost victims around the world an estimated $75 billion in just the last four ...
California man sues three banks, claiming their negligence in KYC and AML checks enabled a $1 million "pig butchering" crypto scam.
A trio of banks based in Asia are being sued by a California man who claims they failed to conduct basic checks that would ...
In 2024, "pig butchering" scams defrauded victims of $3.6 billion, a 25% rise from 2023, highlighting their growing ...
Pig Butchering scams became the most significant threat to cryptocurrency users in 2024. The scheme caused an estimated $3.6 ...
Pig-butchering scams, a sophisticated form of cyber fraud, have defrauded victims of over $75 billion globally, exploiting ...
A California man is suing three Asia-based banks, claiming they could’ve stopped fraudsters from stealing nearly $1 million ...
A new cyber fraud known as "pig butchering scam" or "investment scam" has emerged, targeting unemployed youths, housewives, ...
A California resident is suing three Asia-based banks over allegations they failed to conduct basic checks that might have prevented crypto scammers ... that funded pig-butchering scams.” ...
Pig-butchering scams, exploiting vulnerabilities heightened by the COVID-19 pandemic, have stolen billions globally. Scammers build trust through fake crypto investments, leading to massive financial ...
A California investor has sued three Asian-based banks, claiming negligence in a $1M crypto scam. Claims include KYC and AML ...
The pig butchering scam, which is believed to have started in China in 2016, targets gullible individuals with whom cyber ...