FBI Warns Users About Surge in Pig Butchering Crypto Scams

16 March 2023
'Pig Butchering' cryptocurrency investment schemes increasingly target Americans; over $2 billion in cryptocurrencies were stolen by hackers in the U.S. last year. The fraudsters approach victims via dating platforms, messaging apps, or social media platforms to introduce themselves.
The FBI has recommended some tips for users to defend themselves against cryptocurrency investment scams.