Google sues two crypto app makers over allegedly vast “pig butchering” scheme

05/04/2024 4 min
Google sues two crypto app makers over allegedly vast “pig butchering” scheme

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Episode Synopsis

Title: Google Takes Legal Action Against Crypto Scammers Amidst Broader Cryptocurrency ScandalsGoogle has initiated a lawsuit against two app developers over an extensive “pig butchering” scam, implicating crypto and investment applications promoted on YouTube, targeting around 100,000 users. This legal move comes amidst a backdrop of varied crypto-related stories, including a unique initiative on Crypto Twitter where users fund a man's acquisition of goats, naming them after cryptocurrency tokens and platforms, initiated after he purchased a goat with his Worldcoin airdrop. In a more serious turn of events, Nigeria is pressing charges against Binance and two of its executives for alleged money laundering and tax evasion. This legal action against the cryptocurrency exchange represents a significant development following a thorough criminal investigation by Nigerian authorities.Subtopics:- Google's lawsuit against crypto app developers for "pig butchering" scheme- Crypto Twitter's engagement in funding goat purchases and naming them after crypto entities- Nigerian authorities pursue legal action against Binance for alleged financial crimes

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