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The so-called pig butchering scam remains an extremely dangerous threat, Chainalysis warns crypto traders and investors in a new report. Pig butchering scams grew significantly in 2023, more than doubling revenue year-over-year. According to Chainalysis, an average payment in a pig butchering scam could go as high as $4,593 and many victims likely make multiple payments to an individual scam address. Find out more on "Chart of the Day": https://youtu.be/XFM9__ivG68 | CoinDesk
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