Elliptic

Elliptic Warns of Industrial-Scale Pig Butchering Scams Laundering Through Crypto

bakrmohamed097@gmail.com02 mins mins

Pig butchering, a form of romance fraud in which victims are groomed into sending money to fake crypto investment schemes, has grown into a multibillion-dollar industry, according to blockchain analytics firm Elliptic’s 2025 Typologies Report. The study points to increasingly organized methods of laundering stolen funds using practices that resemble professional financial operations. Elliptic’s investigators…

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Elliptic Lands HSBC Investment, Extending Big Bank Backing in Blockchain Analytics

bakrmohamed097@gmail.com03 mins mins

Blockchain analytics firm Elliptic has secured a strategic investment from HSBC, making it the only company in the sector to be backed by four globally systemically important banks (G-SIBs). HSBC joins JPMorgan Chase, Santander and Wells Fargo on Elliptic’s investor roster. As part of the deal, Richard May, Group Head of Financial Crime at HSBC’s…

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