Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024. The report […]
The post Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses appeared first on CryptoSlate.
Go here to Read this Fast! Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses
Originally appeared here:
Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses