Overview of Pig Butchering Scams

It's important to understand how these crypto scams work as there is a common strategy all of them employ to achieve their goal of scamming you. This playbook is most commonly known as a pig butchering scam.

Pig butchering is a metaphor for how the scammers operate their fraudulent scheme. Wikipedia has an excellent article that goes into the history and detail of what pig butchering is and how it has spread throughout the world since around 2020. The common thread in all of these pig butchering scams is that they all essentially follow a well-choreographed road map:

Each pig butchering scam involves several actors playing different roles in order to fulfill the ultimate goal of robbing you. Once you understand the dynamics of how this all works, it will become easy to spot which opportunities out there on the internet are likely to be PB scams.

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Online Scams

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