"Pig butchering" crypto scams involve fraudsters building trust with victims, often through fake relationships, and convincing them to invest in fraudulent cryptocurrency schemes. In 2024, these scams caused an estimated $3.6 billion in losses, targeting individuals worldwide. Operated by organized criminal networks in Southeast Asia, scammers increasingly use advanced technologies like AI-generated deepfakes to deceive victims. The stolen funds are sometimes linked to illicit activities, including state-sponsored initiatives. Law enforcement faces challenges due to the anonymity of cryptocurrencies and the global nature of the fraud. Authorities are working to combat these schemes, but the sophistication of tactics complicates prevention.
LIVE
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,050.00
▲ +0.50%
ETH
$1,921.14
▲ +0.80%
USDT
$0.999376
▲ +0.00%
BNB
$604.19
▲ +2.10%
USDC
$0.99965
▲ +0.00%
XRP
$1.04
▲ +3.00%
SOL
$76.22
▲ +4.00%
TRX
$0.328672
▲ +0.30%
FIGR_HELOC
$1.04
▲ +0.40%
HYPE
$54.88
▼ -0.20%
DOGE
$0.071166
▲ +2.40%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012645
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.20
▼ -1.40%
ADA
$0.199722
▲ +0.20%
XMR
$384.07
▲ +4.10%
WBT
$56.29
▲ +0.40%
LINK
$8.33
▲ +1.40%
XLM
$0.165148
▲ +3.60%
DAI
$0.999893
▲ +0.00%
BCH
$217.06
▲ +0.80%
USD1
$0.999537
▲ +0.00%
USDE
$0.999545
▲ +0.00%
GRAM
$1.36
▲ +2.40%
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,050.00
▲ +0.50%
ETH
$1,921.14
▲ +0.80%
USDT
$0.999376
▲ +0.00%
BNB
$604.19
▲ +2.10%
USDC
$0.99965
▲ +0.00%
XRP
$1.04
▲ +3.00%
SOL
$76.22
▲ +4.00%
TRX
$0.328672
▲ +0.30%
FIGR_HELOC
$1.04
▲ +0.40%
HYPE
$54.88
▼ -0.20%
DOGE
$0.071166
▲ +2.40%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012645
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.20
▼ -1.40%
ADA
$0.199722
▲ +0.20%
XMR
$384.07
▲ +4.10%
WBT
$56.29
▲ +0.40%
LINK
$8.33
▲ +1.40%
XLM
$0.165148
▲ +3.60%
DAI
$0.999893
▲ +0.00%
BCH
$217.06
▲ +0.80%
USD1
$0.999537
▲ +0.00%
USDE
$0.999545
▲ +0.00%
GRAM
$1.36
▲ +2.40%
BTC
$65,050.00
▲ +0.50%
ETH
$1,921.14
▲ +0.80%
USDT
$0.999376
▲ +0.00%
BNB
$604.19
▲ +2.10%
USDC
$0.99965
▲ +0.00%
XRP
$1.04
▲ +3.00%
SOL
$76.22
▲ +4.00%
TRX
$0.328672
▲ +0.30%
FIGR_HELOC
$1.04
▲ +0.40%
HYPE
$54.88
▼ -0.20%
DOGE
$0.071166
▲ +2.40%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012645
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.20
▼ -1.40%
ADA
$0.199722
▲ +0.20%
XMR
$384.07
▲ +4.10%
WBT
$56.29
▲ +0.40%
LINK
$8.33
▲ +1.40%
XLM
$0.165148
▲ +3.60%
DAI
$0.999893
▲ +0.00%
BCH
$217.06
▲ +0.80%
USD1
$0.999537
▲ +0.00%
USDE
$0.999545
▲ +0.00%
GRAM
$1.36
▲ +2.40%
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,050.00
▲ +0.50%
ETH
$1,921.14
▲ +0.80%
USDT
$0.999376
▲ +0.00%
BNB
$604.19
▲ +2.10%
USDC
$0.99965
▲ +0.00%
XRP
$1.04
▲ +3.00%
SOL
$76.22
▲ +4.00%
TRX
$0.328672
▲ +0.30%
FIGR_HELOC
$1.04
▲ +0.40%
HYPE
$54.88
▼ -0.20%
DOGE
$0.071166
▲ +2.40%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012645
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.20
▼ -1.40%
ADA
$0.199722
▲ +0.20%
XMR
$384.07
▲ +4.10%
WBT
$56.29
▲ +0.40%
LINK
$8.33
▲ +1.40%
XLM
$0.165148
▲ +3.60%
DAI
$0.999893
▲ +0.00%
BCH
$217.06
▲ +0.80%
USD1
$0.999537
▲ +0.00%
USDE
$0.999545
▲ +0.00%
GRAM
$1.36
▲ +2.40%
