Cyvers： 2024 Crypto 'Pig Slayer' Scams $5.5 Billion in Investor Funds

BlockBeats news, on February 20th, according to Cointelegraph, the "pig killing" scam has become one of the most widespread threats faced by cryptocurrency investors. A report from blockchain security company Cyvers stated that in 2024, billions of dollars were lost in identified cases involving 200000 cases. The 'pig killing disk' is a phishing scam that involves long-term and complex manipulation methods, deceiving investors into voluntarily sending assets to fraudulent cryptocurrency addresses. In 2024, the "pig killing disk" scam based on the Ethereum network has caused losses of over $5.5 billion in the cryptocurrency industry, involving 200000 identified cases.