Meta removes over 2 million scam accounts tied to romance frauds costing victims billions.

Meta has removed over 2 million accounts linked to "pig butchering" scams, where scammers build fake relationships to trick victims into investing in fraudulent cryptocurrency schemes. The company is working with law enforcement and tech companies to combat these scams, which have cost victims billions. However, critics argue that more proactive measures are needed to address the scale of the problem.

November 21, 2024
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