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American Crypto Investors Lose Billions to “Pig-Butchering” Scheme
Pig-butchering is a method used by scammers who drain money out of a investor’s cryptocurrency account. The scam uses an official-looking cryptocurrency investment website to bait investors with advertisements of quick and large returns. Investors sometimes invest their life savings in hopes of receiving huge returns on investments. Cryptocurrency is the umbrella term for online currencies like Bitcoin, Ethereum, and Dogecoin. Bitcoin was the first cryptocurrency, launched sh
Alexander Fernandez
Sep 20, 20234 min read
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