As a crypto analyst who’s spent countless nights studying on-chain patterns, I’m struck by the latest lawsuit against Citigroup—accused of enabling a $20 million 'pig butchering' scam. How did 12 suspicious transactions slip through? And what does this mean for trust in traditional finance? This deep dive explores the fragile line between oversight and complicity in the digital age.

As a crypto analyst with five years in the blockchain space, I’ve seen how scams evolve—but this one hits close to home. A 23-year-old man was caught at Woodlands Checkpoint trying to exit Singapore after luring a victim into transferring over $1 million in cryptocurrency via fake investment schemes. Banks played a crucial role by flagging suspicious withdrawals. This case underscores why vigilance, chain analysis, and institutional safeguards remain vital in protecting digital assets. Let’s talk about the red flags investors should never ignore.