<ul><li>The CFTC has launched a new initiative to combat cryptocurrency-related scams, specifically targeting 'pig butchering' schemes.</li><li>The CFTC's Office of Customer Outreach and Education is collaborating with various organizations to develop materials for identifying pig butchering scams.</li><li>The initiative includes producing a fact sheet and investor alert in collaboration with the SEC's Office of Investor Education and Advocacy.</li><li>By increasing public awareness, the CFTC aims to prevent or reduce the occurrence of these fraudulent schemes.</li></ul>

CFTC Launches Initiative to Combat Crypto “Pig Butchering” Scams

Discover more