Pig-Butchering: A Texting Scam With a Crypto Twist
Pig-Butchering: A Texting Scam With a Crypto Twist  
Podcast: The Journal.
Published On: Fri Nov 24 2023
Description: 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: -A Text Scam Called ‘Pig Butchering’ Cost Her More Than $1.6 Million  -Online Scams Cost Americans Billions. Here’s How to Avoid the Worst of Them.  Learn more about your ad choices. Visit megaphone.fm/adchoices
moneycryptoscampig butcheringscamscrypto exchangefake crypto exchangescammersinvestmentmusicaccounttexting scamjanechinavictimstext messagesjournalmore moneyadditional more moneybig moneyextra moneyunlocked accounttoldpiglast yeartexting scamsonline scamsbutcheringtextmore tradessearchconfidence scamsmakingreal peoplenumberamerican victimsepisodemillionlegitimate crypto exchangevictimexchangeoffice jobsfake online accountjobany other bank accountfake cryptofake accountmaking moneypaid parental leave