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.

In 2024, "pig butchering" scams defrauded victims of $3.6 billion, a 25% rise from 2023, highlighting their growing ...

A trio of banks based in Asia are being sued by a California man who claims they failed to conduct basic checks that would ...

Pig-butchering scams, a sophisticated form of cyber fraud, have defrauded victims of over $75 billion globally, exploiting ...

Pig Butchering scams became the most significant threat to cryptocurrency users in 2024. The scheme caused an estimated $3.6 ...

A new cyber fraud known as "pig butchering scam" or "investment scam" has emerged, targeting unemployed youths, housewives, ...

A California man is suing three Asia-based banks, claiming they could’ve stopped fraudsters from stealing nearly $1 million ...

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 ...

The pig butchering scam, which is believed to have started in China in 2016, targets gullible individuals with whom cyber ...

A California investor has sued three Asian-based banks, claiming negligence in a $1M crypto scam. Claims include KYC and AML ...