The FBI has warned about a potentially devastating cryptocurrency scam called "pig butchering". The con, which CBS News said could "wipe out someone's life savings", has been growing in scale over ...

A pig-butchering scam, also known as “Sha Zhu Pan” in Chinese, is a sneaky and long-term type of investment fraud that often starts on social media or dating apps with a romantic angle.

Modern-day pig butchering describes how online scammers play the long game: luring and grooming victims with seemingly innocent “wrong number” text messages. If someone responds, the scammer ...