10:42Long-form

How Americans Are Losing Their Life Savings To Crypto Fraud

Published August 18, 2024

Views 399K  |  Likes 4.95K  |  Comments 5.68K
Views#899,928Global
Views#243,958Unknown country

Channel

CNBCCNBC
4.17M subs16.1K videosJun 2006

At a glance

Views

399,205

Likes

4,954

Comments

5,688

Performance vs. channel

Outlier score

Engagement rate

Revenue estimate

Details →

Total (all-time): $279 – $798

Based on estimated $0.7–$2 CPM.

About

“Pig butchering” scams got its name from the idea that scammers “fatten up” victims by building trust, and the strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies. Losses from investment scams soared 38% to a new record high in 2023, according to the FBI’s Internet Crime Report. …

Published
August 18, 2024
Made for kids
No

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