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?
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| on HN ]
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...