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CFTC hosts anti-pig-butchering conference as stablecoin regulation hangs in the balance

Image of some cryptocurrency logos as stickers.
Photo: Michael M. Santiago/Getty Images

The CFTC and DOJ recently convened a conference targeting scams that rake in billions from vulnerable victims.

The first Fraud Disruption Conference to work on efforts to combat a type of fraud commonly known as “pig butchering” has taken place, with more than 300 federal regulators and law enforcement officials in attendance.

The news comes in an announcement by the Commodity Futures Trading Commission (CFTC) and the Department

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