Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...

RALEIGH, N.C. (WTVD) -- The lure of making huge profits in the cryptocurrency realm continues to trick people out of their life savings. "Cryptocurrency has become something of a gold rush where ...

(NewsNation) — It’s a graphic, gruesome term for what has become a worldwide scam responsible for stealing an estimated $75 billion from people worldwide: Pig butchering, so named for the practice of ...

A Pig in a butcher's outfit, intensely typing on a computer. Today is Halloween, a time for ghouls, goblins and harmless pranks. But in the digital landscape, there’s a new trick with devastating ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the ...

This type of scam began attracting attention in China around 2019 and is typically carried out by Chinese organized crime groups. At the beginning of 2025, panic about fraud and human trafficking ...

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 traveling to Thailand for an ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. “Individuals held against their will in the compounds engaged ...

In recent years, a new type of scam has been targeting cryptocurrency users called the “pig-butchering scam.” Has anyone been really interested in getting to know you via dating apps or any of your ...