SEC Secures $5.5M Default Judgment Against NanoBit in ‘Pig-Butchering’ Crypto Scam
A U.S. federal judge in New York has issued a $5.5 million default judgment against the operators of NanoBit, a fraudulent platform that served as the centerpiece for a sophisticated relationship-investment scheme, commonly known as a “pig-butchering” scam. Understanding the ‘Pig-Butchering’ Fraud Model The “pig-butchering” scam, or sha zhu pan, is an increasingly prevalent form … Read more


