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Fraudsters are using the Chinese-origin 'pig-butchering' technique, a reference to how a target is "fattened up" before being butchered, for cryptocurrency scams. They develop long-term romantic relationships with targets on dating apps and social media to make them interested in cryptocurrency, forex and gold investments. They introduce the target to a sham investment website or app they control.
short by Pragya Swastik / 05:50 pm on 20 Feb
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