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 ...

(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 ...

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 ...

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 ...

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 ...

Federal agents have quietly pulled off one of the largest financial seizures in American history, taking control of roughly ...

"ChatGPT told me no, this is a scam, you better go to police station... so I panicked at that time, I panicked and I call him. I say, you are scamming me!" the victim said.

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 ...

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 ...

Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the billions of dollars across 200,000 identified cases in 2024, according to a ...

The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold and is prompting concerns over national security. In a podcast, Chainalysis ...