Data leak
[loss] $2M+
"United States Files Forfeiture Action to Recover Cryptocurrency Traceable to Pig Butchering Romance Scam"
Primary Source ↗Financial Loss
$2.3M
(2,300,000 USD)
Incident Details
The U.S. Attorney’s Office in the District of Massachusetts announced that they had filed a civil forfeiture action to seize cryptocurrency priced at around $2.3 million from two Binance accounts. Those accounts had received cryptocurrency of various kinds from at least 37 American victims, one of whom was based in Massachusetts and who lost $400,000 in crypto assets to the scammers.
Total loss estimated at $2,300,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- Massachusetts crypto romance
Timeline
- 2024-03-13 Breach occurred
- 2024-03-13 Publicly disclosed