Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme

The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him to invest over $113,000 in ether (ETH) and tether (USDT) on Fameex.

Source: Bitcoin.com