Tag: pig butchering

Secret Service Busts Pig Butchering Site: $4.5M Stolen!

Secret Service Busts Pig Butchering Site: $4.5M Stolen!

• Facts

The U.S. Secret Service recently took down a sophisticated "pig butchering" scam operation, recovering a staggering $4.5 million in stolen funds. Particularly in light of this bust, we want to emphasize the growing peril of these scams. They use romance, investment fraud, and psychological manipulation to swindle unsuspecting victims out...

Pig Butchering Shows Web3 Needs Guardrails, Not Abandonment

Pig Butchering Shows Web3 Needs Guardrails, Not Abandonment

• Commentary

In fact, just this week NFT-UNI.com, yet another domain used in a “pig butchering” scam was seized by the U.S. Secret Service. Another one. This isn’t an esoteric issue for tech bros to argue about over lattes. We’re not just talking about bankers’ greed—we’re talking about real people losing their...

Pig Butchering Steals Dreams: How Web3 Can Protect Emerging Artists

Pig Butchering Steals Dreams: How Web3 Can Protect Emerging Artists

• Commentary

Nandar, a beautiful, passionate young artist in Myanmar, uses her imagination and artistic talent to develop rich, complex digital art. She aspires to escape the grip of poverty and hunger via her artistic endeavors. Out of necessity, she stumbles upon the world of NFTs—her ticket to finally getting paid for...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....