If you receive an unexpected message from a stranger offering investment advice, delete it immediately. If you respond, you ...
“Pig butchering” schemes are on the rise, which refers to a type of online investment fraud. How this scheme works is a victim is lured into making increasingly large deposits, that are often in ...
Cryptocurrency schemes, sometimes tied to mass scam centers abroad, have shot up since the pandemic and are hitting close to ...
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 travelling to Thailand for an ...
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Pig butchering scams rob investors of $5.5B, possibly the biggest threat to retail investors
Onchain security firm Cyvers revealed that pig butchering scams were one of the most pervasive threats to crypto investors, with losses reaching $5.5 billion in 2024. The report also indicated that ...
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had duped ...
(NewsNation) — The Department of Justice says it has seized the most money it’s ever recovered in one action in targeting the founder of a Cambodian conglomerate accused in a massive cryptocurrency ...
Ever hear of “pig butchering?” Probably not. It has been characterized as an international financial fraud scheme that has drained millions of dollars from people’s hard-earned savings, including some ...
When the creators of YouTube launched the website in 2005, they might have predicted the success of videos like Psy’s “Gangnam Style” and the parodies that ...
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