The order also freezes cryptocurrencies belonging to the victims at exchanges. crypto cryptocurrency pigbutchering
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies belonging to the victims.The attorney general of the U.S.
Today’s order takes a first step toward protecting Delaware investors from the pig butchering scam by freezing funds at risk from further transfer by the wrongdoers. However, the Delaware DOJ warned: “Ultimately, they were never able to withdraw the funds and their cryptocurrency disappeared. It is estimated that this international scam involves thousands of victims across the country with losses into the billions of dollars.”
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