U.S. targets southeast Asian “pig butchering”, human trafficking, forced labor empire

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“Pig butchering” is every bit as brutal as it sounds. In the world of cryptocurrency investment fraud, the term refers to a slow, methodical scheme built on deception. Scammers carefully cultivate trust with their victims, often through fake romantic relationships, before convincing them to invest in fraudulent cryptocurrency projects, according to the U.S. Secret Service. Once the funds are deposited, the scammers vanish.

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