Pig-Butchering Crypto Scams Cost Victims $370 Million in January 2026 Alone
Long-term trust-building tactics are powering pig-butchering crypto scams, which have become one of the fastest-growing fraud threats in the digital asset space. Blockchain security firm CertiK reported $370.3 million in scam-related losses in January 2026 alone, with social engineering tactics accounting for the majority of stolen funds. Unlike traditional phishing attacks that defraud victims quickly,…
