Feds seize 7 website domains linked to 'pig butchering' crypto scam
involve a cybercriminal befriending someone on a social media site, dating app or similar venue and then leveraging that friendship to get a crypto investment in one of their businesses.The U.S. Attorney's Office for the Eastern District of Virginia seized seven domains used in a scam from May through August that pretended to be the Singapore International Monetary Exchange.
Five U.S. victims sent a total of more than $10 million to cybercriminals through those links, prosecutors said. "The victims’ funds were immediately transferred through numerous private wallets and swapping services in an effort to conceal the source of the funds," according to a press release.
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