News for hackers. Stuff that matters.
Re:FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Ass... by zht on Wednesday November 23, 2022 @08:32AM (#33718878)
Out of curiosity are you a native Chinese speaker? I ask because I’ve only heard pig butchering scam in Chinese and I’ve never had anyone refer to it as such in English
Re:FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Ass... by autotune on Wednesday November 23, 2022 @08:45AM (#33718992)
No, but the majority of those who tried it on me had pictures of attractive Chinese women as their profile pic. Whenever I match with one now I just wait for them to bring up something about the "crypto market" and immediately un-match. Only learned about the specifics of it after reading up on eth liquidity mining scam on reddit.
Re:FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Ass... by jrochkind1 on Wednesday November 23, 2022 @08:55AM (#33719094)
I had never heard it before, i've googled to see what it means -- but what I found didn't explain why it's called "pig butchering", can you?
Re:FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Ass... by autotune on Wednesday November 23, 2022 @09:06AM (#33719223)
"The term “pig butchering” refers to a time-tested, heavily scripted, and human-intensive process of using fake profiles on dating apps and social media to lure people into investing in elaborate scams. In a more visceral sense, pig butchering means fattening up a prey before the slaughter." - https://krebsonsecurity.com/2022/07/massive-losses-define-ep...