Summary
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
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