Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis

Oluwapelumi Adejumo

Crypto scammers are shifting from large-scale Ponzi schemes to more focused strategies like emotionally manipulative pig butchering, work-from-home scams, drainers, and address poisoning, blockchain analytical firm Chainalysis stated in a new report According to the firm, both on-chain and off-chain activity indicate that scammers are refining their tactics to conduct shorter and more profitable campaigns […]

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Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis