Jul 13, 01:00 AM

Federal Agencies, Including SEC, Unite to Combat 'Pig Butchering' Crypto Fraud Schemes

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.

#Commodity Futures Trading Commission #CFTC #Department of Justice #DOJ #SEC

Written with ChatGPT (GPT-4o).

Sources

Bitcoin.com News@BTCTN
2 years ago
Several federal agencies, including the #FBI and the #SEC, convened to combat #crypto scams, particularly the "#pigbutchering" fraud. https://t.co/JHsTqOPbb9
Bitcoin.com News@BTCTN
2 years ago
Federal Agencies Convene to Fight #Crypto Scams https://t.co/JHsTqOPbb9
FBI Boston@FBIBoston
2 years ago
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

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Federal Agencies, Including SEC, Unite to Combat 'Pig Butchering' Crypto Fraud Schemes

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