The number of ‘pig butchering scam’ cases reported to Binance has increased by 100.5% from 2022 to date, the exchange said.
Binance warned that the number of reported pig butchering scam cases doubled over the past year.
Scammers are drawn to whatever is gaining popularity: “Wherever there’s an opportunity to promise high returns with minimal risks, a pig butchering scam can take place.”…
Read More: Binance Warns of Escalating Pig Butchering Scams – What’s Going On?