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DOJ Closes Pig-Butchering Domains Tied to Crypto Scams

Cyberwarfare / Nation-State Attacks
DDoS Protection
Fraud Management & Cybercrime

Seized Websites Spoofing the Singapore Monetary Exchange Cost Victims $10 Million

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The U.S. government seized seven cryptocurrency domains used in an extensive pig-butchering scam that cost a handful of victims over $10 million.

See Also: Live Webinar | How To Meet Your Zero Trust Goals Through Advanced Endpoint Strategies

“Pig butchering” is a scam in which fraudsters use phony online personalities to lure innocent victims into giving up their crypto assets.

“Scammers encounter victims on dating apps, social media websites or even random texts masquerading as a…

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