Articles for tag: blockchain analytics, cryptocurrency scam, cyber crime prevention, financial fraud, law enforcement training, pig butchering scheme, victim recovery

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Crypto Detective Recovers $550K from Scam Using Blockchain Analytics Techniques

Detective Scott Simons recounts a pivotal moment in his career when he was alerted to a $551,000 cryptocurrency scam. It all began with a victim who fell for a “pig butchering” scheme, where they were tricked into investing in a fake cryptocurrency after gaining trust through seemingly harmless social media interactions. As the investigation unfolded, ...

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