More than 5.5 billion dollars are pleased

The disturbing direction appears in the demographic file of the victims of swine slaughter. While the elderly were historically the main goals of financial fraud, these frauds now focus on younger and perennial individuals.

The latest data reveals that those between the ages of 30 and 49 years represent the majority of the reported cases.

Pigs slaughtering pigs

2024 Ticket By Cyvers Analysis of 150 main encryption platforms, including exchanges and payment service providers, focusing on Ethereum Blockchain. The search for more than 200,000 cases of swine slaughter fraud, which led to the theft of more than 5.5 billion dollars through 1.15 million fraud.

The impact of these fraud diversified greatly between the platforms. While some exchanges and service providers have seen widespread fraud, others have reported the minimum cases. Among the ten most affected platforms, there were three of the five largest exchanges of encryption through trading, a friend of encryption, and an institutional trading platform.

The study showed the scale of fraud on swine slaughtering and weakness of both central and decentralized financial systems.

A large portion of the stolen money is concentrated in swine slaughter fraud in a small number of cryptocurrencies. While the fraudsters use various digital assets, it was found that some high -liquidity coins prefer illegal transactions. These assets are targeted because of their acceptance and ease of washing.

Stablecoins is used, especially those that have a strong presence in the market, frequently in fraud due to its stability and smooth conversion. In addition, the main smart contract platforms face high levels of fraudulent activity due to their dominance in decentralized financing (Defi) and large transactions sizes.

Usdt and ethereum each account 45 % of the stolen boxes, while USDC and Dai 1.7 % and 1.3 %, respectively.

To evade detection, fraudsters benefit from multiple small transactions to build victims’ confidence and transfer money across many portfolios before reaching the main exchanges. They use both central and decentralized protocols to wash.

In addition, they allow them to block the crossed chain to block transaction paths, and often exchange assets for privacy currencies such as Monero. At the same time, exchange occurs through OTC markets, mules of money, and gift card transfers, making tracking and recovery difficult.

From romance to ruin

Surgings of pigs are now more than 60 % of these cases. It is a very adaptive fraud that mixes romantic fraud, investment fraud, and Ponzi plans. Unlike traditional carpets or rapid deception tactics, pig slaughter depends on psychological manipulation in the long run. The fraudsters build confidence through emotional ties, similar to romantic fraud, before the victims hit fraudulent investments.

These charts are high returns and the tradition of Bonzi structures, before the victims’ money is drained. This hybrid nature makes the slaughter of the devastating pigs in particular, and the fraudsters can exploit the victims at both emotional and financial levels.