'I'm Beyond Crushed': Bitcoiner Loses It All To A Pig Butchering Scam Despite Several Warnings

A Bitcoiner has reportedly lost his holdings to a pig butchering scam despite several warnings.

“I’m beyond crushed on many different levels,” the purported victim identified only as “Thomas” said in a Dec. 14 text message shared by Bitcoin adviser Terence Michael. “I don’t know what to do moving forward.”

Thomas is not wealthy, according to Michael. Thomas is a divorcee with a young daughter who had just managed to save up to 1 BTC, Michael said.

A pig butchering scam refers to a long con where scammers build trust with their victims, typically through romance, to lure them into fake investment schemes.

https://finance.yahoo.com/news/im-beyond-crushed-bitcoiner-loses-154606198.html

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