July 21, 2022, 4:35 p.m. | BrianKrebs

Security Boulevard securityboulevard.com

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.


The post Massive Losses Define Epidemic of ‘Pig Butchering’ appeared first on Security Boulevard.

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