Pig slaughtering crypto

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From Pigs To Pork, Slaughtering 600 Pounds Of Pigs
Fraudulent crypto investment schemes directed from Asia known as �pig butchering� have become a global billion-dollar industry. The pig butchering scam, also known as a romance scam, is a long-term fraud that combines investment schemes, romance scams and cryptocurrency. Crypto-fraud scams such as pig butchering have emerged as a multibillion-dollar criminal specialty that has entrapped victims around the world.

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Table 1, which shows the total amount of funds transferred to each brokerage site and their corresponding cryptocurrency wallets, gives a clearer picture of the magnitude of this operation. Another possibility is that scammers acquire lists of phone numbers through underground markets, where cybercriminals trade and sell personal information. As previously discussed, scammers often initiate contact through seemingly innocent chat messages or by adding individuals to investment-themed group chats.