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U.S. Authorities Seize Domains Used in 'Pig butchering' Cryptocurrency Scams

Written By Tuesday, 22 November 2022 Add Comment



November 22, 2022 at 02:40PM

The U.S. Justice Department (DoJ) on Monday announced the takedown of seven domain names in connection to a "pig butchering" cryptocurrency scam. The fraudulent scheme, which operated from May to August 2022, netted the actors over $10 million from five victims, the DoJ said. Pig butchering, also called Sha Zhu Pan, is a type of scam in which swindlers lure unsuspecting investors into sending

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