A scam called “pig butchering” gaining steam as a potent threat to Canadians almost lured this reporter — and it all started on Insight Timer, the meditation app.
At the beginning of 2025, panic about fraud and human trafficking erupted on Chinese social media. It started when a Chinese actor called Wang Xing was tricked into travelling to Thailand for an ...
Service providers are delivering infrastructure, tools, and expertise and giving rise to pig-butchering-as-a-service models ...
“Pig butchering” is every bit as brutal as it sounds. In the world of cryptocurrency investment fraud, the term refers to a slow, methodical scheme built on deception. Scammers carefully cultivate ...
Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized, blockchain ...
Researchers show how pig butchering-as-a-service providers equip scam networks with turnkey tools and infrastructure for ...
I just finished speaking to a room of 550 seniors. Two of them had already lost a staggering $600,000 to this scam. It’s heartbreaking. And it’s happening right now. If we don’t act, this could become ...
In some cases, international investigations have found that the people carrying out the scams are often victims themselves — ...