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Beware the ‘pig butchering’ crypto scam sweeping across America

[CNN] The FBI says America has a “pig butchering” problem. And it’s costing victims millions of dollars. “We’re not talking about what’s going on at farms,” said Frank Fisher, public affairs specialist at the bureau’s Albuquerque division. “We’re talking about a cryptocurrency investment scam that is sweeping the country.” The term pig […]

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How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors

[CNBC] KEY POINTS CNBC pulled together a history of the implosion of Sam Bankman-Fried’s crypto empire, based upon the charges brought this week by federal prosecutors in the Southern District of New York and in civil suits filed by the Securities and Exchange Commission and Commodity Futures Trading Commission. Bankman-Fried’s […]

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