The Financial Crimes Enforcement Network (FinCEN) has identified pig butchering schemes as a national priority risk for U.S. financial institutions that facilitate payments authorized by their customers but induced by a scam. These scams typically use legitimate U.-S. banking channels, wires, ACH transfers, and fiattocrypto conversions before funds are laundered offshore. Recent lawsuits, including a case brought by HSBC's U-S banking arm against an elderly customer, highlight the legal risks for any bank that fails to identify and stop such a scheme before the consumer is harmed. Currently, consumer protection for fraudulent transfers depends on whether the transaction was "unauthorized". The Electronic Fund Transfer Act (EFTA) and Regulation E generally require consumers to be reimbursed for unauthorized electronic transfers, but do not address transactions the customer personally authorizes that are induced by fraud.