😘 The Price of Love
👆 The FBI returned $5 million to victims of the “Pig Butchering” scam.
North Carolina authorities have confiscated nearly $5 million in cryptocurrency stolen through the deceptive “Pig Butchering” scheme. This method of fraud involves gradually "fattening up" the victim by letting them earn small amounts, thereby encouraging them to invest more.
💔 Criminals targeted victims by pretending to form romantic relationships online. Once trust was established, the scammer would suggest an easy way to make money and introduce the victim to a fake cryptocurrency platform.
The stolen funds were recovered through the combined efforts of law enforcement and Tether, the issuer of the USDT stablecoin.