Local residents and investors are being cautioned of an increasingly common form of long-term investment fraud known as ...

Chainalysis reported that pig butchering scammers had evolved to diversify their business model beyond the “long con” of pig butchering scams. Pig butchering scams could take months and even ...

The FBI has warned about a potentially devastating cryptocurrency scam called "pig butchering". The con, which CBS News said could "wipe out someone's life savings", has been growing in scale over ...

A Mingzhi Li, 24 and Zeyue Jia, 23, of Downtown Los Angeles and a Jun Shi, 55, of San Gabriel were charged with operating an ...

Pig butchering sounds incredibly brutal ... In reality, the figures are controlled by the scammer, and the money is long gone. Once the scammer has cashed in what they deem to be enough money ...

Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the billions of dollars across 200,000 identified cases in 2024, according to a ...