Pig butchering has conned billions of dollars from victims worldwide. The New York Post recently reported that the Cambodian-based Huione Group gang has reaped over $4 billion between August 2021 and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

When someone reaches out online with kindness, it feels natural to respond—especially when that connection grows into friendship or even romance. Unfortunately, it may be the start of a cruel scheme ...

At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into travelling to Thailand for an ...

A Pig in a butcher's outfit, intensely typing on a computer. Today is Halloween, a time for ghouls, goblins and harmless pranks. But in the digital landscape, there’s a new trick with devastating ...

At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into traveling to Thailand for an ...

Onchain security firm Cyvers revealed that pig butchering scams were one of the most pervasive threats to crypto investors, with losses reaching $5.5 billion in 2024. The report also indicated that ...

This type of scam began attracting attention in China around 2019 and is typically carried out by Chinese organized crime groups. At the beginning of 2025, panic about fraud and human trafficking ...

Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the billions of dollars across 200,000 identified cases in 2024, according to a ...

The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold and is prompting concerns over national security. In a podcast, Chainalysis ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. “Individuals held against their will in the compounds engaged ...