The Chilling Truth About Pig Butchering Scams
In 2023 alone, over $7 billion was stolen through "pig butchering" scams – where fraudsters fatten victims with fake romance or investment gains before slaughtering their life savings.
At CipherRescue Chain, we've helped clients recover funds from these sophisticated scams. Here's what you need to know:
(Illustration: A graphic showing fake investment portfolio screenshots scammers use)
How Pig Butchering Scams Work (Step-by-Step)
Phase 1: The Bait
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