‘Pig Butchering:’ A Text-And-Crypto Scam Costing Victims Millions | WSJ Tech News Briefing

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Scammers are using friendship, fake cryptocurrencies and text messages to con millions of dollars out of unsuspecting victims. An increasingly common scam known as “Pig Butchering” is targeting professionals.

WSJ cybersecurity reporter Robert McMillan joins host Zoe Thomas to discuss how it works and how to avoid it.

Photo: Janis Engel / EyeEm

More from the Wall Street Journal:

#PigButchering #Scam #WSJ
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Great work *VortexTrace* - so glad you are out there fighting these lowlifes. We need to do all we can to spare the elderly and the general public from these despicable scammers! Kudos to YOU!! You deserve the Nobel prize for keeping us safe big up brother.

lerorld
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Dude, *VortexTrace* you are a modern-day hero. So glad law enforcement is on board.

kk-ikbx
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Amazing work *VortexTrace* so delighted you are out there connecting with these wastes of time. We want to do all that we can for spare the more settled and the general populace from these revolting tricksters! Commendation to YOU!! You merit the Nobel prize for keeping us safe.big up family

idbwhnv
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Admirable work, *VortexTrace* - I’m delighted to see you actively engaging in the battle against these individuals of questionable character. It is of utmost importance that we do all we can to protect the elderly and the general public from these repugnant scammers! Well done, my friend!! You deserve the Nobel Peace Prize for your commitment to our safety.

John-lsdk
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I LOVE what you and your team do, *VortexTrace* ! Thank you so much for protecting inocent victims. I just recently found your videos by accident and I've binge-watched them all. I would LOVE to help you do what you do!

Olivia-zgzh
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You rock ExposeGadgets . My youngster showed me your page. ľ've never commented on any YouTube video anyway I esteem what you truly do considering the way that I hate these people I should say you're a gift to that huge number of people who have been deluded and you're the really vital sledge to squash those comedians and leave them dumbfounded. Much gratitude for continuing with your mission against the scalawags.❤

scarlettnicholson
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Bravo to *Charge backtools* - I'm so glad you're out there fighting these scumbags.
We must do everything in our power to protect the elderly and the general public from these despicable scammers. You're a true hero. my brother

George_
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As a Resigned battle Marine I need to let you know that as the thing you are doing is similarly however significant as any fighter on the front line You may be pursuing fighting against these lawbreakers and fear mongers on the computerized combat zone. You are guarding and securing
the most helpless of our general public against these hunters. Keep doing awesome Job *ExposeGadgets!!*

eustaciamckinney
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You rock ExposeGadgets . My youngster showed me your page. ľ've never commented on any YouTube video anyway I esteem what you truly do considering the way that I hate these people I should say you're a gift to that huge number of people who have been deluded and you're the really vital sledge to squash those comedians and leave them dumbfounded. Much gratitude for continuing with your mission against the scalawags

scarlettnicholson
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Outstanding job done by *Charge backtools* I'm so Glad you're out there battling these vile con artists. We must take every precaution to protect the general people and the elderly from these vile con artists!!
Bravo to you!! You ought to be awarded the Nobel Prize for protecting us. Big up, brother

joannewalker
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As a Resigned battle Marine I need to let you know that as the thing you are doing is similarly however significant as any fighter on the front line You may be pursuing fighting against these lawbreakers and fear mongers on the computerized combat zone. You are guarding and securing
the most helpless of our general public against these hunters. Keep doing awesome Job *ExposeGadgets!!* .

eustaciamckinney
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You're great Seriously. You're super likable at the same time. The FBI should seriously hire you right now based off of these videos. You're a true patriot sir. Thank you *Charge backtools* for all you do please don't stop. You're so important to this country people like you. You're putting fear into literal countries. On a funny note; your character is legendary at this point.

Collinawaves
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Fantastic work, *Charge backtools* -I'm so happy you're taking on these disgusting con artists. We have to be extremely cautious in order to shield the general public and the elderly from these disgusting con artists!!Well done!! You should receive the Nobel Peace Prize for defending us. Bravo.

joannewalker
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Great work *Strong widget* - so glad you are out there fighting these lowlifes. We need to do all we can to spare the elderly and the general public from these despicable scammers! Kudos to YOU!!
You deserve the Nobel prize for keeping us safe big up brother.

fortunefestus
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Finally, No surprise here. With all the evidence it's crystal clear who was the helper. *Charge backtools* must be taken seriously and hopefully this case improves others for the best. There are a lot of good people like this man in there. Justice has been served today, not only to me, but to all the people who have gone through the same thing that I have

fourxgirl
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The amount of bravery this took was INSANE. These people all had their lives in danger, but still decided to go through with the recovery for the sake of busting bad scammers. True respect *Strong widget on the internet!*
If the FBI was half as dedicated and ingenious (and honest) as you guys are, the USA would be a much safer country.
Amazing work!

Wildivn
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*ExposeGadgets* I wished I could shake your hand. I'm a 61 year old disabled woman. A few months before the pandemic I was stalked and harassed on the phone by an Indian scammer. Sad thing is he wouldn't have gotten a red cent from me. I live from check to check. I thank you for what you are doing especially for the elderly and the vulnerable that can't stand up for themselves. My stalker finally gave up after I told him I'd love to hold him down and wash out his filthy mouth with lye soap until he cried for his momma.
It's sad to know there are so many people in this world that have no conscience. I wished I could contribute to your campaign. Please keep doing what you are doing. Thank you!

Shawnskinner
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Congratulations, *Chargebacktools* I am relieved that you are out there fighting these thugs.
We must take every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to YOU! You deserve the Nobel Peace Prize for ensuring our security..

chrisiss
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Congratulations, *Charge backtools* I am relieved that you are out there fighting these thugs.
We must take every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to YOU! You deserve the Nobel Peace Prize for ensuring our security.

chrisiss
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Hearing these people’s voices over the phone so thrilled to be evil, almost giddy sounding, is utterly disgusting.
Thank you *VortexTrace* all you and your team does to shut them scammers down…..

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