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The Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) cryptocurrency enforcement team have convened a working group to combat crypto fraud scams known as 'pig butchering' schemes. This initiative, which includes officials from more than 15 federal agencies, aims to address the growing threat of these scams. The interagency effort, highlighted at the First Interagency Fraud Disruption Conference, underscores the commitment of federal authorities, including the SEC, to tackle cryptocurrency-related fraud.
Several federal agencies, including the #FBI and the #SEC, convened to combat #crypto scams, particularly the "#pigbutchering" fraud. https://t.co/JHsTqOPbb9
Federal Agencies Convene to Fight #Crypto Scams https://t.co/JHsTqOPbb9
The #FBI is warning the public about scammers falsely promising victims, many of whom are older Americans, a significant profit on purchases or sales of collectible coins. Read the alert from our Internet Crime Complaint Center here: https://t.co/6lNhqGOj65 https://t.co/DNAB2PyimH
