On-chain signals can include repeated deposits from a victim wallet into addresses controlled by a scam network, rapid consolidation, bridge or exchange cash-out paths, and reuse of infrastructure across many victims.
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Glossary term
What is Pig butchering?
Pig butchering is a long-con investment scam in which criminals build trust through messaging, dating, social media, or wrong-number contact before steering the victim into a fake crypto or investment platform. Victims are encouraged to deposit more over time, then withdrawals are blocked and funds are stolen.