The FBI has issued a public service announcement warning Americans that crypto
scams are on the rise, inflicting more than $2 billion in losses in 2022.
scams are on the rise, inflicting more than $2 billion in losses in 2022.
Cryptocurrency investment schemes, colloquially known as pig-butchering
[https://www.bitdefender.com/blog/hotforsecurity/four-arrested-in-sydney-over-100-million-pig-butchering-scheme/]
, are based on social engineering and a false sense of trust. They usually begin
with a romance or confidence scam and evolve into cryptocurrency investment
fra
