Remove pig-butchering-scam-tinder-tiktok-whatsapp-telegram-scammers-steal-millions
article thumbnail

Pig Butchering Scam: From Tinder and TikTok to WhatsApp and Telegram, How Scammers Are Stealing Millions in a Long Con

Tenable

In part one of a two-part series on Pig butchering, we detail the pervasive scam that has impacted thousands of victims around the world, resulting in the loss of hundreds of millions of dollars. This blog highlights the who and the how of pig butchering scams, and details the pig butchering playbook.

article thumbnail

Pig Butchering Scam: How Bitcoin, Ethereum, Litecoin and Spot Gold (XAUUSD) Investments Are Used in Romance Scams to Steal Hundreds of Millions

Tenable

This is the second part of a two-part series based on firsthand research into pig butchering scams from the end of 2022 into early 2024. consumers reported losses of $10 billion to scams in 2023, up from $8.8 billion lost to scams in 2022. Background In February 2024, the U.S. billion in 2021, $3.8 billion in 2023.