What Is ‘Pig Butchering’ and How To Protect Your Investments From Such Scams
Have you ever heard of romance-based scams?
Yes, it has happened to Shreya Datta, who was working in a Philadelphia-based tech company. It started as a so-called relationship through the Hinge dating app, and later, she got scammed for $450K in a cryptocurrency investment scheme.
This method of luring people is commonly called the Pig Butchering Scam. In this article, we are going to dive deep into what is Pig Butchering Scam and provide tips on how to protect yourself from such frauds.
Table of contents
What Is Pig Butchering?
“Pig butchering” is a scam where fraudsters first build emotional trust with victims and then manipulate them to send cryptocurrency to fake wallets…
The post What Is ‘Pig Butchering’ and How To Protect Your Investments From Such Scams appeared first on Coin Edition.
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What Is ‘Pig Butchering’ and How To Protect Your Investments From Such Scams
Have you ever heard of romance-based scams?
Yes, it has happened to Shreya Datta, who was working in a Philadelphia-based tech company. It started as a so-called relationship through the Hinge dating app, and later, she got scammed for $450K in a cryptocurrency investment scheme.
This method of luring people is commonly called the Pig Butchering Scam. In this article, we are going to dive deep into what is Pig Butchering Scam and provide tips on how to protect yourself from such frauds.
Table of contents
What Is Pig Butchering?
“Pig butchering” is a scam where fraudsters first build emotional trust with victims and then manipulate them to send cryptocurrency to fake wallets…
The post What Is ‘Pig Butchering’ and How To Protect Your Investments From Such Scams appeared first on Coin Edition.
Read More
What is the role of Altcoins in the Cryptocurrency World?