‘Pig-Butchering’ Scams Explode Into a National Security Threat, Chainalysis Warn

Pig-Butchering has evolved into a transnational crime model that links human trafficking, money laundering, and crypto fraud, as investigators, regulators, and exchanges have reported rising losses, large asset seizures, new enforcement campaigns, and repeated targeting of past victims.
The post ‘Pig-Butchering’ Scams Explode Into a National Security Threat, Chainalysis Warn appeared first on Cryptonews. …

Oklahoma Man Lands 5 Years Behind Bars For Nearly $10 Million Crypto Scheme

The DOJ has sentenced Oklahoma resident Travis Ford, CEO of Wolf Capital, to 60 months in prison for a $9.4M crypto scheme. Ford has admitted he has not believed the promised daily returns were achievable and Wolf Capital has lost investor funds, leading to forfeiture and restitution orders.
The post Oklahoma Man Lands 5 Years Behind Bars For Nearly $10 Million Crypto Scheme appeared first on Cryptonews. …