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Vietnamese man charged in $16 million 'pig butchering' crypto scam

BleepingComputer·September 29, 2026·1 min read
Vietnamese man charged in $16 million 'pig butchering' crypto scam

A Vietnamese national was charged with money laundering for his role in a massive "pig butchering" scam that defrauded a victim out of $16 million worth of cryptocurrency. The charge marks a significant step in prosecuting the fraudulent scheme, which typically involves building trust with victims before convincing them to invest in fake platforms.

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