Pig Butchering Crypto Scam - PowerPoint PPT Presentation

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Pig Butchering Crypto Scam

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Pig Butchering Crypto Scam – PowerPoint PPT presentation

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Updated: 18 November 2022
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Provided by: fahimkings
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Title: Pig Butchering Crypto Scam


1
Pig Butchering Crypto Scam
  • How Pig Butchering Crypto Scam Victim Recovered
    His 1 Million
  • Disclaimer The text below is an advertorial
    article that is not part of Cryptonews.com
    editorial content.
  •  
  •  
  • A victim of pig butchering crypto scam lost over
    1 million and was able to recover it by filing a
    report with reportscammedbitcoin.com. This gives
    hope of funds recovery to all victims of pig
    butchering scam as well as other types of scam
    relating to cryptocurrency that it is possible to
    recover all your stolen funds.
  •  
  • We have all heard horror stories of rug pulls,
    pump and dump crypto scam, the crypto investment
    scam that usually leaves the victim's bank
    account high and dry. But there is a new type of
    fraud that is becoming popular nowadays which is
    called pig butchering. This is something you
    are definitely going to have to avoid at all
    costs.
  •  
  • What is a Pig Butchering Crypto Scam?
  • The is a new type of scam that craftily combines
    a romance scam and an investment scheme. Dating
    and romance scams have been around since the
    early days of the internet. Cryptocurrency on the
    other hand came to being in 2009, and just became
    very popular a couple of years ago. However, the
    emergence of cryptocurrencies was also
    accompanied by scams such as pig butchering.
  •  
  • Pig butchering blends romance, scam and
    investment schemes. It is a calculated game of
    manipulation that targets lonely people and sucks
    them dry. It began in Southeast Asia, and got its
    name from the way hogs are fattened up before
    being slaughtered and consumed. The victim (or
    the pig) is slaughtered when the fraudsters
    successfully convince them to invest in a fake
    platform, then disappear with their money.
  •  
  • Pig Butchering Crypto Scam is on the Rise
  • According to a FBI report, reports of these scams
    have been on an increase. According to secret
    service special agent Shawn Bradstreet, law
    enforcement and global anti scam organizations
    have received so many lately that, earlier this
    year, it put out a PSA warning people about them.
  •  
  • Reportscammedbitcoin.com also put out a list of
    cryptocurrency scammers to make people aware of
    this common feature of the scam. One strange
    thing about this trend is the fact that many of
    the scams are being pushed by crime syndicates.
    Fortunately, authorities are making people aware
    of this trend through media coverage.
  •  
  • How to Avoid Pig Butchering Crypto Scam
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