What Is a 'Pig Butchering' Scam? New York AG Warns of Rising Crypto Swindle
What Is a “Pig Butchering” Scam? New York AG Warns of Rising Crypto Swindle On February 17, 2026, New York Attorney General Letitia James issued a consumer alert about a growing type of fraud known as “pig butchering.” The name is grim but fitting: scammers “fatten up” their victims with trust and affection before slaughtering their finances. These schemes combine elements of romance scams and fake cryptocurrency investments, and they have become increasingly common and costly. ...