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State police help recover $180,000 in cryptocurrency ‘pig butchering’ scam
WILLIMANTIC, CT (WFSB) - State police said they were able to recover and return $180,000 lost in a cryptocurrency scam. Troopers said their “State Police Cryptocurrency Working Group” returned the money to a Willimantic resident who fell victim to an international investment fraud scam.
Cryptocurrency scam losses likely hit record in 2024, research says
Losses from cryptocurrency scams are on track to hit record levels in 2024 after scammers have increasingly used generative AI to trick victims. Cryptoc
FBI says ‘pig butchering’ cryptocurrency scams hit victims in all 50 states
Thousands of people are falling victim to a con that has become an intense focus of the FBI – cryptocurrency investment scams sometimes called “pig butchering.”
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.
AI-driven crypto scams could reach $15 billion in 2025, Chainalysis warns
On-chain analytics platform Chainalysis has warned that cryptocurrency scams could surge over the coming year with the support of artificial intelligence. According to a February 13 report from Chainalysis,
1h
on MSN
Cryptocurrency Leader Elevates Mining Economics With Innovative Solutions
Matrenitski is creating new opportunities for investors and addressing some of the industry's biggest challenges by ...
Analytics Insight
4h
Cryptocurrency Enthusiasts Easily Make $100,000 a Day Using BCH Miner
In 2025, cloud mining has entered a new era. BCHminer redefines the cloud mining industry standard with AI mining technology, ...
1d
Cryptocurrency scams on the rise: Beware of social media investment traps
(WJAR) — Investing in cryptocurrency could yield huge returns. But it's also a huge gamble. Bentley University professor and ...
16h
on MSN
The Trump admin will encourage—not hinder—U.S. leadership in blockchain technology and cryptocurrency. We must seize the moment
After years of uncertainty under Biden, the Trump admin promises clear, consistent regulations for digital assets.
7d
1 Cryptocurrency to Consider Buying With $1,500, and 1 to Avoid
Even if you only have $1,500 on hand to invest in the cryptocurrency sector, it behooves you to deploy your capital ...
2d
on MSN
6 men accused of kidnapping family from Chicago townhouse and forcing a transfer of $15 million in cryptocurrency
The men are accused of kidnapping three family members and a nanny and forcing a transfer of about $15 million in ...
2d
How to use cryptocurrency for peer-to-peer (P2P) car rentals
Cryptocurrency is simplifying peer-to-peer (P2P) car rentals with blockchain technology, offering seamless transactions, ...
5d
on MSN
1 Unstoppable Cryptocurrency to Buy Before It Soars 3,800%, According to Cathie Wood
That idea was somewhat legitimized last year, when the U.S. Securities and Exchange Commission approved dozens of Bitcoin ...
fingerlakes1
3d
Financial Planning in the Digital Age: Incorporating Cryptocurrency Investments
Operating on a distributed network, Bitcoin offers possible defense against financial instability and devaluation of ...
6h
on MSN
Appleton police see need to convert seized cryptocurrency to U.S. dollars for victims of fraud
Officials want to open a Coinbase account to convert seized crypto to U.S. dollars for disbursement to victims. APPLETON — ...
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