Crypto crooks beware: FBI and DOJ seize $112 million in pig butchering schemes 😱🐷💸

Cryptolog
2 min readApr 4, 2023

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Crypto crooks beware: FBI and DOJ seize $112 million in pig butchering schemes 😱🐷💸

Hey, so the US Department of Justice just went all “Fast and Furious” and seized SIX virtual currency accounts that had a total of over $112 MILLION stolen in crypto scams! 😱 Judges in Cali, Arizona, and Idaho are all on board with this move and now the DOJ is gonna try and give back the stolen crypto to the victims.

But let’s talk about these low-life criminals and their sketchy moves. They’re out here using dating apps, messaging platforms, and social media to find their victims, gaining their trust and then feeding them BS about investment schemes that just drain their crypto wallets dry. 🤬

These guys are ruthless! They pretend to be your BFF just to get you to fork over your hard-earned cash, and then they dip out with all the money, funneling it into accounts they control. 🐷

And don’t think you’re safe just because you’re not investing in stocks or bonds — these scammers have taken over the world of cryptocurrency too. According to the FBI’s 2022 Internet Crime Report, Americans lost a whopping $3 BILLION to investment fraud last year. 💸

But get this, the FBI has been warning us about these “pig butchering” scams that are causing people to lose big bucks. These scams are getting even more sophisticated, using sneaky psychological tricks to make people invest even more money and charge them bogus fees or taxes when they try to withdraw their cash. 😡

We’ve gotta be careful out here, y’all! 🙅‍♀️ Don’t let these scammers trick you into giving up your money. The FBI is on the case and they’re not gonna let these crooks get away with it. Stay woke, stay safe, and don’t fall for their tricks! 💪

Originally published at http://cryptolog.link on April 4, 2023.

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