Two people are busted for about $73 million in money laundry from "Pig Butchering" scam. That's apparently when lonely wealthy people are targeted, usually through social apps. The scams were crypto investment scams. It's an interesting article. I learned a couple new terms.

#Crypto #cryptocurrency_laundering #technology

https://thehackernews.com/2024/05/chinese-nationals-arrested-for.html

Crypto-Money Laundering Records 30% Annual Decline - https://www.redpacketsecurity.com/crypto-money-laundering-records-annual-decline/

#threatintel #Cryptocurrency_laundering #Blockchain_analysis #Money_laundering_techniques