Fraudsters Steal Over $1 Million in Three Weeks in ‘Pig Butchering’ Scam
Fraudsters Steal Over $1 Million in Three Weeks in ‘Pig Butchering’ Scam
19 September 2023
The attackers utilized fake trading pools of cryptocurrency from decentralized finance (DeFi) trading applications to defraud their victims, with one individual losing $22,000 in a single week.