According to cryptocurrency exchange Binance, it has helped Indian authorities retrieve US$47.6 million that users of a fraudulent gaming platform had lost.
Fiewin, a website where users could win money by playing minigames, was promoted via Facebook, YouTube, and other digital platforms. There was also a "pig-butchering" scam website on it.
Pig-butchering is a term used to describe a prolonged fraud in which the victim is gradually tricked into contributing more money into the scheme while their confidence is maintained.
Fiewin, a website where users could win money by playing minigames, was promoted via Facebook, YouTube, and other digital platforms. There was also a "pig-butchering" scam website on it.
Pig-butchering is a term used to describe a prolonged fraud in which the victim is gradually tricked into contributing more money into the scheme while their confidence is maintained.