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Chinese Crypto Scam Targets Singaporean Investors! Here's Why It's Called 'Pig-Butchering' Scheme 24HTECH.ASIA

February 21, 2022
Source: 24htech.asia 24htech.asia
News Snapshot:
A Chinese crypto scam is now victimizing Singaporean investors. This malicious blockchain campaign is called the “Pig-Butchering” crypto scam. (Photo : Photo by Dan Kitwood/Getty Images) A visual representation of the digital Cryptocurrency, Bitcoin on December 07, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, and Lightcoin have seen unprecedented growth in 2017, despite remaining extremely volatile. While digital currencies across the board have divided opinion between financial institutions. Right now, Singapore has already lost around $140 million (SGD 190.0 million). This is five times more compared to the crypto revenue loss of the Asian country back in 2019, which...
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Tags: agriculture | Android | ASIA | bank | bitcoin | blockchain | Chengdu | China | Chinese | crypto | currency | Ethereum | finance | fintech | fraud | hacker | Hong Kong | investment | London | News Media | PC | Propaganda | revenue | sichuan | Singapore

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