US arrests suspects behind $73M ‘pig butchering’ laundering scheme
May 17, 2024 at 12:06PM The U.S. Department of Justice charged two suspects for leading a crime ring that laundered over $73 million from cryptocurrency scams known as “pig butchering.” Victims were lured through messaging and social media platforms, with funds drained into accounts under the fraudsters’ control. The defendants face up to 20 years … Read more