Over $5.5 Billion Stolen in Pig Butchering Scams: Cyvers Reports
2025-07-04 02:27:34
Description
A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the main targets of financial fraud, these scams now focus on younger, tech-literate individuals. The latest data reveals that those aged 30 to 49 represent the majority of reported cases. Pig Butchering Scams A 2024 study by Cyvers analyzed 150 major crypto platforms, including exchanges, payment service providers, and banks, with a focus on the Ethereum blockchain. Th...
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