Free Money & Pig Butchers: Crypto Fraud and Scams on Social Media
An examination of nine common cryptocurrency-related scam and fraud schemes.
This white paper from Graphika explores crypto fraud and scams on social media:
- As the adoption of cryptocurrency and crypto wallet services continues to grow, a significant increase in crypto scams and hacking attempts have followed.
- Graphika identified and analyzed nine common frauds and scams targeting users of popular cryptocurrency coins, wallets, and exchanges.
- This report is not an exhaustive survey of all active online fraud and scam behavior; rather, it outlines the most common methods through which nefarious actors operate online to separate users from their coins, wallets, or credentials.
- For each scam, we detail and explain the different tactics, techniques, and procedures (TTPs) employed.
Download the full report for more.
Graphika is the most trusted provider of actionable open-source intelligence to help organizations stay ahead of emerging online events and make decisions on how to navigate them. Led by prominent innovators and technologists in the field of online discourse analysis, Graphika supports global enterprises and public sector customers across trust & safety, cyber threat intelligence, and strategic communications, spanning industries including intelligence, technology, media and entertainment, and global banking.
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The full report includes the complete network graph maps, raw attribution indicators, cross-platform topology analysis, and the full takedown timeline with platform-level data.
- Full network graph visualizations
- Attribution indicators with confidence scores
- Raw behavioral modeling data
- Takedown coordination timeline
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