The latest Cointelegraph video explores one of the most dangerous crypto scams, “pig butchering,” by sharing some of the victims’ real stories.
Replying to a stranger’s message online could be the first step toward losing most of your life savings in a “pig butchering scam,” one of the most widespread types of scams involving cryptocurrencies and conventional fiat money.
More than $75 billion was stolen worldwide through this type of scam, according to a recent University of Texas at Austin study.
In our latest video, we dive into this alarming trend, sharing the real-life stories of Daniel and Jose, two individuals who were targeted by scammers and suffered significant financial losses that left lasting impacts on their lives.
