‘Pig butchering’ online crypto investment scams fleeced New Yorkers of RM49mil

‘Pig butchering’ online crypto investment scams fleeced New Yorkers of RM49mil

The Star Online - Tech·2024-04-05 19:09

A devious cryptocurrency scam called “pig butchering” that involves luring investors online into coughing up their savings in the hopes of big returns has cost New Yorkers more than US$10.5mil (RM49.83mil) over the past year, Brooklyn prosecutors said Thursday.

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