Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more “professionalized.”
FBI notified over 4,300 victims of ‘pig butchering’ crypto scams in past year
After victims are tricked into buying crypto, they are shown fake online accounts with fictitious returns while the stolen funds are moved offshore, an FBI official said.
Crypto scams likely hit a new record in 2024, driven by ‘pig butchering' and AI, says Chainalysis
Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized.
Pig Butchering Crypto Scam Hits Nearly 40% YoY as AI Fraud Grows 1,900%: Chainalysis
In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
Chainalysis Reports 40% Surge in Pig Butchering Crypto Scam Revenue
AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite lower average deposits per victim.
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis.
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Mini Pig Shows Saintly Patience While Frenchie Puppy Plays Tug-of-War with Tail
Especially when your little sibling is a pesky Frenchie bent on getting on your last nerve. One pig knows exactly what we’re ...
Another Person Has Received a Pig Kidney Transplant
The second person ever has received a transplant with a genetically modified pig kidney.
NH man is 2nd person known to be living with a pig kidney after MGH transplant
The surgery comes at a turning point in the quest to tell if animal-to-human transplants could help ease the shortage of ...
Heights patio bar The Barking Pig announces immediate closure after 8 years
The wave of restaurant closures continues in Houston. Heights sports bar The Barking Pig announced it would be shuttering ...
MGH performs its second, world’s fourth genetically altered pig kidney transplant
The recipient was Tim Andrews, a 66-year-old New Hampshire resident who had end-stage kidney disease and was on dialysis for ...
Eagles fans severely disrespect Patrick Mahomes: a pig, a knife, No. 15 and his hair
Safe to say Philadelphia Eagles fans are ready for Friday's Super Bowl parade after some were spotted cooking a pig dressed ...
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Chile: Pig evades capture as multiple people chase it in Lonquimay, Chile
On January 2, 2025, in Lonquimay, Chile, @bastiananndr shared a video of a pig running to avoid capture. In the video, the ...
Malaysian chicken sausage producer holds valid halal certification and is not 'pig farming' business
Rahmat brand chicken sausages sold in Muslim-majority Malaysia are not manufactured by "the largest pig farmer" in Malacca ...