FBI Recovers $5 Million From Pig Butchering Crypto Scam

FBI Recovers $5 Million From Pig Butchering Crypto Scam   news.bitcoin.com 23 August 2024 07:30, UTC Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into investing in fraudulent cryptocurrency platforms. Victims…

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Tether Takes Steps to Combat Crypto Crime Amid Evolving Blockchain Analytics Landscape

Tether Takes Steps to Combat Crypto Crime Amid Evolving Blockchain Analytics Landscape   en.coinotag.com 22 August 2024 20:14, UTC The integration of blockchain analytics into law enforcement represents a pivotal shift in how crypto-related crime is addressed. The crypto industry, currently valued at $2.1 trillion, is evolving with regulatory bodies increasingly employing advanced technologies to…

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Hackers Affect Crypto Prices Dramatically

Hackers Affect Crypto Prices Dramatically   en.bitcoinhaber.net 22 August 2024 23:16, UTC A recent on-chain security report reveals that the majority of hacked cryptocurrencies fail to recover their pricing after such attacks, with over 77.8% experiencing prolonged negative price effects six months post-hack. The Immunefi report highlights that 51.1% of these tokens suffer a price…

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