Wallets & security

Pig butchering scam

Also called: romance scam

In shortA long con where a scammer builds a friendship or romance online, then lures the victim into a fake crypto investment platform.

The fake platform shows growing profits and even allows small withdrawals to build trust. When the victim invests large sums, withdrawals require ever more "fees" — and then the scammer vanishes.

Anyone you only know online who steers you towards an investment site is a red flag.