Malicious actors have stolen more than $1m in a ‘pig butchering' cryptocurrency scam in just three months, researchers from Sophos have found.
The highly sophisticated operation used a total of 14 domains and dozens of nearly identical fraud sites, according to the investigation.
The attackers utilized fake trading pools of cryptocurrency from decentralized finance (DeFi) trading applications to defraud their victims,
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Tags: cryptocurrency, malicious, Applications, finance, Three, Identity Theft, Fraud, Scams, researchers, fraud, scam, investigation, pig butchering
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