How Americans Are Losing Their Life Savings To Crypto Fraud [VHY3aCShwk]

2025-01-02T03:21:03-0600

How Americans Are Losing Their Life Savings To Crypto Fraud [VHY3aCShwk]. Qi jun is dumbfounded jiang wenzhi finally said maybe what I said it doesn t sound good and it doesn t make sense however qi jun she paused her eyes dyed with a brisk smile you should be a better person. She winked playfully maybe I will rely on you to cover me in the future we all have to move forward we will if you are satisfied you will do a lot hey hey don t drink the two sisters first take me one too a. There too at this time there are fewer students and there are only a few people in each window the two found a corner spot fu chiyu opened the cake and tore it apart the candle package was plugged in and a.

“Pig butchering” scams got its name from the idea that scammers “fatten up” victims by building trust, and the strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies. Losses from investment scams soared 38% to a new record high in 2023, according to the FBI’s Internet Crime Report. Of the $4.57 billion in funds reported stolen, $3.96 billion involved fraudulent crypto investments. So, why are these scams so successful and what is law enforcement doing about it? Chapters: 0:00 - Intro 2:03 - What is pig butchering? 4:40 - Tracing funds on the blockchain 9:12 - Outlook Produced, Shot, and Edited by: Kaan Oguz Animation: Christina Locopo, Jason Reginato Managing Producer: Jordan Smith Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealth—in a way that works best for you. Enroll in "Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure" to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024: https://cnb.cx/3WiasGB Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #crypto #cryptoworld How Americans Are Losing Their Life Savings To Crypto Fraud