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Nalezeno "Pig Butchering": 115

Crypto platform Debiex must pay $2.5M in CFTC ‘pig butchering’ case


Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment...

FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme


Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic...

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