![](https://images.squarespace-cdn.com/content/v1/66bbb773a4f8d343ac7a3f52/db72a33d-b88c-4b5f-a966-f857a532c19f/Board-Internal-Investigations-1-scaled.jpg)
Insights & Regulatory Updates
![Beware of Pig Butchering Schemes and the Growing Threat of Crypto Scams](https://images.squarespace-cdn.com/content/v1/66bbb773a4f8d343ac7a3f52/1734819746902-6V48VEWY3TRVPMF1G5AN/61DTP9t8LlL._AC_UY1000_.jpg)
Beware of Pig Butchering Schemes and the Growing Threat of Crypto Scams
2024 has seen alarming developments in the world of financial fraud, with North Korean hackers stealing a record $1.3 billion in cryptocurrency this year alone. According to a recent Chainalysis report, North Korean-linked hackers accounted for more than half of the $2.2 billion stolen from cryptocurrency platforms in 2024. While these state-sponsored cyberattacks pose a significant threat to national security, individual scams like pig butchering schemes are wreaking havoc on unsuspecting victims worldwide.