Data leak
[loss] $80M+
"Four Individuals Charged for Laundering Millions from Cryptocurrency Investment Scams"
Primary Source ↗Financial Loss
$80.0M
(80,000,000 USD)
Incident Details
Four individuals who helped launder money through shell companies and various bank accounts have been charged in connection to an $80 million “pig butchering” cryptocurrency scam. The scam reportedly involved at least 284 transactions, though it’s not clear how many victims were involved.
Total loss estimated at $80,000,000.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- $80 million romance
Timeline
- 2023-12-13 Breach occurred
- 2023-12-13 Publicly disclosed