Tag: Pig Butchering Scam
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How a Software Engineer Lost $1.6 Million to the Internet’s Cruelest Crypto Scam
Steve Belcher is not the kind of person you would expect to fall for an internet scam. He is 52 years old, a software engineer living in Denver, and technically literate enough to understand the underlying mechanics of blockchain. He isn’t senile, and he isn’t naive. But in November, Belcher watched his entire life savings—$1.6…
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How Even a Skeptical Person Fell for the Pig Butchering Scam
Alex thought he was smarter than this. He prided himself on being cautious, skeptical, and in control of his decisions. But when he met a woman on Bumble, his guard began to slip. She was charming, attentive, and seemed to share his interests. What started as a promising connection turned into an emotional rollercoaster that…
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What is the Pig Butchering Scam?
The “pig butchering” scam, also known as the “sha zhu pan” scam, is a disturbing new trend in online fraud that’s been gaining traction in recent years.
