#PigButchering #scam explained: Everything you need to know

source: https://www.techtarget.com/whatis/feature/Pig-butchering-scam-explained-Everything-you-need-to-know

The pig butchering scam, also known as a #romance scam, is a long-term fraud that combines #investment schemes, romance scams and #cryptocurrency #fraud. This scam originated in Southeast #Asia, and the name originates from the Chinese phrase "Shāz Hū Pán," meaning pig butchering. A ring of cryptocurrency #scammers search dating and social #media sites for victims.

#news #knowhow #internet #crime #cybercrime #crypto #btc

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