Pig Butchering Scammers
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Crypto Scams Likely Set New Record in 2024, Helped by AI: Chainalysis
The use of generative AI likely lifted revenues from crypto scams to a record high in 2024, Chainalysis has said in its recent report. The company pointed to marketplaces that support pig butchering operations and the use of GenAI as factors making it easier and cheaper for scammers to expand operations.
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Pig Butchering Crypto Scam: A Deep-Dive Into This Scam Where Fraudsters Use Romance As A Hook To Lure People Into Bogus Investments
The scammers drive victims to a fake investment website or app that they control
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Crypto Scams Likely Set New Record in 2024, Helped by AI: Chainalysis
The use of generative AI likely lifted revenues from crypto scams to a record high in 2024, Chainalysis has said in its recent report. The company pointed to marketplaces that support pig butchering operations and the use of GenAI as factors making it easier and cheaper for scammers to expand operations.
-
Pig Butchering Crypto Scam: A Deep-Dive Into This Scam Where Fraudsters Use Romance As A Hook To Lure People Into Bogus Investments
The scammers drive victims to a fake investment website or app that they control
