FBI Director Kash Patel issued a pointed warning to crypto fraud operators, declaring the bureau will hunt down those behind so-called “pig butchering” scams targeting Americans.

Patel posted on social media:

“Crypto Fraudsters have been scamming and taking advantage of the America people for too long. No more! This FBI will find you, and we will bring you to justice!”

What pig butchering scams look like

Pig butchering schemes involve criminals building trust with victims online—often through fake romantic relationships or investment opportunities—before convincing them to deposit large sums into fraudulent platforms.

The FBI has noted these scams disproportionately affect elderly Americans…