April 24, 2025

CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times

1 min read

The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery

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Source: Bitcoin.com

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