Tag: crypto scam

The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,” according to a Sept. 11 press release. According to the agency, these scams have led to billions in losses due to the lack of awareness and understanding. The regulator’s campaign…

The National Capital Region Police Office (NCRPO), a division of the Philippine National Police (PNP), revealed on Thursday that 99 workers were arrested during a raid at a suspected crypto scam hub in Parañaque City, Philippines. Maj. Gen. Jose Melencio Nartatez, chief of the NCRPO, reported that the police raided AIA Company’s office in Centrium…