Pig-Butchering: A Texting Scam With a Crypto Twist

We’re off today, but we still have a great episode for you. A texting scam that originated in China is on the rise in the United States. It’s more sophisticated than scams of the past, and it has already cost American victims more than $400 million. WSJ’s Robert McMillan explains how pig-butchering works, and one victim shares how it’s impacted her.

This episode originally published in November 2022.

Further Reading:

-AText Scam Called ‘Pig Butchering’ Cost Her More Than $1.6 Million

-OnlineScams Cost Americans Billions. Here’s How to Avoid the Worst of Them.

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