Binance Reports a 100% Rise in Pig Butchering Scams and Shares Tips to Prevent Them. • Pig butchering scams are on the rise.
23 Aug 2023, 18:29
Binance Reports a 100% Rise in Pig Butchering Scams and Shares Tips to Prevent Them
• Pig butchering scams are on the rise; the number of cases reported to Binance increased by 100.5% from 2022 to 2023 to date.
• To avoid scams, investors should be skeptical of unsolicited communications, do thorough research on investment opportunities they are offered, and protect their personal data.
• Binance collaborates with law enforcement, provides investigative training, and participates in anti-cybercrime workshops, leveraging blockchain technology to combat scams.
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