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Elliptic says Cross-chain laundering has milked about $21 billion

• Cryptopolitan⚪ neutral
Elliptic says Cross-chain laundering has milked about $21 billion

The crypto scammers are getting more creative by the day. According to blockchain analytics firm Elliptic's 2025 report, pig butchering, a form of romance fraud in which victims are groomed into sending money to fake crypto investment schemes, has grown into a multibillion-dollar industry.

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Article Details

Source
Cryptopolitan
Published
September 26, 2025 at 02:47 PM
Sentiment
⚪ neutral
Type
Article
Category
bitcoin
Topics
Technology

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