Source: Thomson Reuters.

Crypto “pig butchering” scams have cost victims billions, but the shadowy figures behind them have remained nameless – until now. A major Reuters exposé has uncovered new details, tracing over $90 million stolen from these scams to a single Thai man’s Binance account. The investigation revealed an elaborate money laundering scheme, with funds layered through dozens of wallets in an attempt to hide their illegitimate source. While regulators have seized some assets, prosecuting these global criminal syndicates remains difficult. Click here to unravel the complex web of this billion-dollar underground industry.

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