U.S. Authorities Seize Domains Used in 'Pig butchering' Cryptocurrency Scams

Discussion in 'News Aggregator' started by Ravie Lakshmanan, 23 Nov 2022.

  1. The U.S. Justice Department (DoJ) on Monday announced the takedown of seven domain names in connection to a "pig butchering" cryptocurrency scam. The fraudulent scheme, which operated from May to August 2022, netted the actors over $10 million from five victims, the DoJ said. Pig butchering, also called Sha Zhu Pan, is a type of scam in which swindlers lure unsuspecting investors into sending

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