Home Law & Crime What is Crypto Pig Butchering? Brooklyn DA Announces Crackdown on Million-Dollar Crypto Scam

What is Crypto Pig Butchering? Brooklyn DA Announces Crackdown on Million-Dollar Crypto Scam

by Sonia Park
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What is Crypto Pig Butchering? Brooklyn DA Announces Crackdown on Million-Dollar Crypto Scam

In a significant move against financial fraud, the Brooklyn District Attorney's office has revealed the dismantling of a million-dollar cryptocurrency scam nicknamed "pig butchering." This scam, which preyed on unsuspecting victims through various online platforms, has been a focal point of law enforcement efforts to combat cybercrime.

https://youtu.be/IwmgH1OizX4

According to DA Eric Gonzalez, the scammers behind "pig butchering" utilized platforms like Whatsapp, dating apps, and other online channels to establish trust with their targets gradually. Once trust was established, the scammers would persuade victims to invest in cryptocurrencies through. . .

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