The Brooklyn District Attorney’s Virtual Currency Unit successfully dismantled and disrupted an online “pig butchering” operation that defrauded people across the country of millions of dollars. Pig butchering is a virtual scam practice of luring individuals online and gaining their trust through conversation before convincing them to invest through apps and website domains in fraudulent cryptocurrency schemes. Victims of the crime are enticed by the subsequent huge financial returns in their investments, but when they try to withdraw the money are blocked from their accounts, losing out entirely. Click here to read more on brooklynpaper.com.
