Tag: Pig Butchering

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams

“Relationship investment scams, including those involving crypto asset investments, pose a risk of catastrophic harm to retail investors, and the thre [...]
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

“Because many sanctions authorities authorize the imposition of sanctions on non-US persons – not ordinarily subject to US jurisdiction – for engaging [...]
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more [...]
U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September

U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September

The congressional panel, which has oversight over U.S. securities and most financial products, will set a September hearing calendar jammed with crypt [...]
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police

Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police

Australia's national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in invest [...]
Cambodia’s Online Marketplace Huione Guarantee Enables Global Crypto Scams Worth $11 Billion: Wired

Cambodia’s Online Marketplace Huione Guarantee Enables Global Crypto Scams Worth $11 Billion: Wired

Wired said the platform, which provides deposit and escrow capabilities for peer-to-peer transactions conducted over the Telegram messaging system, li [...]
U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

The cryptocurrencies – which includes nearly 300,000 (USDC), 1.5 million (USDT), 102,000 (TRX), 3,000 (SOL), and 14,000 (ADA) – were seized from two B [...]
7 / 7 POSTS