Pig Butchering Scam for Crypto, Explained

The pig butchering crypto scam is a very specific kind of scam. Here’s how it works.

In a pig butchering scam involving crypto, this is what happens. Let’s say someone reaches out to you online or you reach out to them. You become friends with them or perhaps it’s more of a love connection that you made on a dating site. Things are going well and you are chatting a lot over the course of hours, days, weeks, and even months. You’ve stuck up a great online friendship or maybe someone has convinced you that you might be falling in love with them.

Then one day, the pig butchering scam hits its key moment, when the person you’ve been talking to for so long tells you about an interesting crypto investment opportunity. They claim it’s been great for them. Maybe they show you supposed evidence that they’ve made money. They ask you to visit a website and really recommend it. You go to the website and decide to invest money. Let’s say $10,000, for example. You hit submit.

The pig butchering scam is complete. You were fattened up, much like a pig. Instead of food, they made you trust them. You believed them. You were fattened up with the belief that everything was going great. And then bam, they butchered you by getting you to send the $10,000 or whatever other dollar amount… and that website they told you to visit… they own it. You aren’t investing in crypto. You sent them money for free, and you’ll likely never hear from them ever again.

The pig butchering scam is brutal to those who have fallen victim to it. Not only did you lose a lot of money, but your mind is screwed up after believing for so long that you were talking to legitimate people who were trustworthy.

Please share this video with any members of your family or friends who might be particularly vulnerable to falling for the pig butchering crypto scam, especially older people. Share the link to my video with them.

Stay safe and be very, very cautious of cryptocurrency investment offers. Many of them are big scams.

Reference:

[platonicvulpine]

Dude, I cannot thank you enough for being concise in this vid. Clean, informative, short - perfect, hats off, 10/10

[DougMD]

The scammers sometimes draw out the scam for a bigger reward. Showing you great profits and even allowing you to withdraw money, assuming you will invest MORE once you see returns. THEN they butcher the pig. Scammers are the scum of the Earth.

[grencez]

wow this comment section. at least fatten me up before spamming crypto links, amirite?

[arfriedman]

Why would you trust a stranger for financial advice. Go to a well known financial company like Vanguard, fidelity, Charles schwabb, and do your researc.

[Bravenotch_on_com]

The world can't even imagine the size of the love, pride and affection that I have of the guy, you're an amazing guy bro! Really appreciate this, *Apexnotch* on the internet, Incredibly useful and digestible contents. You're making an impact and you deserve the rewards Keep it ups

[favour]

#Best_tech01 you always provide the best result on time and always take the opportunity to demonstrate perfection! Great Recovery work🔥

[hiroyuki]

I was scumed by crypto.
I couldn't get aware that the website means fake.

[johnwilson]

If you send them $5000 you will definitely continue to hear from them. There are people who have lost well over $100, 000. They will continue to drain you for everything they can. Even when you realize it's a scam they will likely have another member contact you claiming to be a recovery agent who can help you get your money back. Surprise, they will just take more money.

[Bravenotch_on_com]

The world can't even imagine the size of the love, pride and affection that I have of the guy, you're an amazing guy bro! Really appreciate this, *Apexnotch* on the internet, Incredibly useful and digestible contents. You're making an impact and you deserve the rewards Keep it ups

[favour]

#Best_tech01 you always provide the best result on time and always take the opportunity to demonstrate perfection! Great Recovery work🔥