A Victim of a Pig Butchering Scam Shares How to Spot Crypto Frauds
Joe Novak vividly remembers the day he first made contact with a stranger on Facebook—October 8, 2024.
When he accepted a friend request from a woman he did not know, Novak never suspected that just a few months later, he would be out roughly $280,000. He also didn’t realize that the scam perpetrated against him was a type of fraud that had rapidly risen alongside the boom in cryptocurrencies over the last decade.
How it happened
Recently divorced at the time and grappling with unemployment, Novak connected with a woman who went by the name Ailis Danner. She found him after he posted to a digital petition on Facebook.
Bezalel Eithan Raviv, founder and CEO of forensic blockchain firm Lionsgate Network, told…
