
Do you know how to invest safely in the crypto market? A Cyvers report reveals that pig butchering scams are among the biggest threats to crypto investors in 2024. These scams caused $5.5 billion in losses across 200,000 cases, with fraudsters using long-term manipulation tactics to trick victims into sending funds to fake wallets. This highlights the urgent need for secure, reputable platforms to protect investors.
This report is a