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Pig Butchering Scams

Debiex Ordered to Pay $2.5M After CFTC Alleges Crypto Scam

By Raymond Munene3/17/2025

Highlights: Debiex used fake romantic relationships to lure victims into fraudulent crypto investments. A US judge ordered Debiex to return $2.26M and pay a $221,500 penalty. Debiex’s “money mule” must transfer 63 ETH and USDT to a victim. Debiex has […]

Crypto News

U.S. Authorities Seize $5 Million in Tether from Pig Butchering Scams

Crypto News2 years ago

By Raymond Munene8/23/2024

Highlights: U.S. authorities seized nearly $5 million in Tether linked to pig butchering scams, showcasing their efforts in combating crypto fraud. The FBI traced funds through multiple crypto wallets, recovering assets despite criminals’ attempts to obscure their tracks. Victims lost […]