US arrests suspects behind $73M ‘pig butchering’ laundering scheme
ID: 2746697c-ecd0-5a7a-9d31-f6605cf212b3
STIX ID: report--2746697c-ecd0-5a7a-9d31-f6605cf212b3
Feed Name: Bleeping Computer
Threat Score
U.S. authorities charged two individuals accused of running a large “pig butchering” cryptocurrency investment scam and laundering at least $73 million through U.S. bank accounts, shell companies, and international crypto platforms; investigators found over $341 million in cryptocurrency in one wallet and the defendants face multiple money-laundering counts.
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