The FBI has warned about a very popular crypto investment scam called 'pig butchering' that is sweeping across the U.S. over the holidays. cryptocurrency PigButchering
The Federal Bureau of Investigation has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with you,” cautioned an FBI specialist.The Federal Bureau of Investigation has renewed its warning about the “pig butchering” cryptocurrency investment scam.
In pig butchering schemes, scammers “fatten up the pig by getting the victim to think that they’re investing in something and get them to move money into cryptocurrency,” explained district attorney Jeff Rosen of Santa Clara County, California. He added that criminals in the pig butchering schemes “fatten up” their victims’ digital wallets and then steal the money.
The district attorney warned that scammers are particularly active during the holidays as they often prey on victims who may be feeling lonely.
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