Pig Butchering Scams: A Step-by-Step Guide to Spotting These Devastating Crypto Frauds
Pig Butchering Scams: A Step-by-Step Guide to Spotting These Devastating Crypto Frauds In February 2026, New York Attorney General Letitia James issued a consumer alert warning about a sharp rise in “pig butchering” scams. These schemes combine romance fraud with fake cryptocurrency investments to drain victims’ savings—often over weeks or months of careful grooming. According to the alert, losses have reached millions of dollars, and the transactions are almost impossible to reverse. ...