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$60 Billion Crypto Heist: Inside Pig Butchering Scams & Rug Pulls Draining Investor Wallets

$60 Billion Crypto Heist: Inside Pig Butchering Scams & Rug Pulls Draining Investor Wallets

Published:
2025-08-05 12:23:55
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$60 Billion in Crypto Fraud: How Pig Butchering and Rug Pulls Steal Millions

Crypto’s Wild West just got wilder—$60 billion vanished in broad daylight. Here’s how predators are slicing through digital wallets with surgical precision.

### The Pig Butchering Playbook: Slow Roast, Then Steal

Romance scams meet Ponzi schemes. Victims are fattened with fake returns—then slaughtered when the ‘investment platform’ vanishes. No bacon, just crumbs.

### Rug Pulls: Devs Yank the Mat—You Faceplant

Projects moon on hype, devs dump tokens overnight. Liquidity? Gone. Token price? Zero. Another ‘decentralized’ project centralized enough to rob you blind.

### The Irony of ‘Trustless’ Systems

Blockchain eliminates middlemen… only to invent newer, flashier ways to get robbed. Banks charge fees—crypto scams take everything. Progress?

Stay paranoid out there. DYOR isn’t just jargon—it’s survival armor in a market where even the ‘safe’ bets might carve you up.

|Square

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