Pig Butchering Scams Surge by 40% in 2024
- Fraudsters stole billions using AI-driven deepfakes.
- Scams overwhelmed victims and outpaced law enforcement globally.
- Chainalysis reported a significant increase in these scams on Feb. 13, 2024.
Pig butchering scams saw a dramatic rise in 2024, with fraudsters stealing billions through advanced AI tactics, as reported by Chainalysis on February 13th.
Source (2.6)https://news.bitcoin.com/pig-butchering-just-got-smarter-40-surge-shows-scammers-moving-faster-and-hitting-harder/?rand=52384