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ChatGPT Helps Expose a $1 Million Crypto 'Pig-Butchering' Scam
A San Jose widow who believed she had found a new romantic partner online instead lost nearly $1 million in a crypto “pig-butchering” scam, and only realized it after asking ChatGPT if the investment offer made sense. The scheme drained her retirement accounts and left her at risk of losing her home, according to a report by San Jose-based ABC7 News. The woman, Margaret Loke, met a man who called himself “Ed” on Facebook last May. The relationship moved quickly to WhatsApp, where the man, claiming to be a wealthy businessman, sent affectionate messages each day and encouraged her to confide in him. As the ... (full story)
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From fxstreet.com | Dec 9, 2025
Bitwise, a leading digital asset fund manager, has launched the Bitwise 10 Crypto Index Exchange Traded Fund (ETF), which began trading on the NYSE Arca on Tuesday. The product, trading under the symbol BITW, features a basket of ten cryptocurrencies that meet specified requirements. The Bitwise BITW ETF holds a single basket of the ten largest ...