Cryptocurrency schemes stories

Sep 25, 2026

Vietnamese national charged in $16 million cryptocurrency pig butchering scam

U.S. federal prosecutors have charged a Vietnamese national with money laundering in connection with a "pig butchering" cryptocurrency scam that defrauded one victim of approximately $16 million. The case involves a sprawling fraud scheme that moved funds through cryptocurrency channels.

Sep 25, 20263 sources

Aug 1, 2026

Hong Kong Hit by 25 Cryptocurrency Romance Scams in One Week, Victims Lose $9 Million

Hong Kong experienced a surge of romance scams involving cryptocurrency, with 25 cases reported in a single week resulting in $9 million in losses. Criminals gained victims' trust through false promises of love and investment returns before draining their accounts.

Aug 1, 20261 source