Meaning of pig butchering | Babel Free

Definitions

A scam technique in which victims are tricked into investing large amounts of money into a fictitious brokerage (usually a cryptocurrency wallet), which actually sends their funds directly to the scammers.

uncountable

Examples

“According to news reports, pig-butchering scams started in China in 2016. Back then, scammers groomed their victims to place⟳ bets on fake gambling websites.”

“Intense efforts were also made to crack down on four types of high-incidence network fraud cases, namely, network loans, network click farming, pig-butchering scams and pretending as customer service personnel.”

“'Pig butchering' scammers usually send⟳ a message via Whatsapp, text or another app like⟳ Tinder, as if it was intended for someone else, often with an attractive person’s profile photo.”

CEFR level