The dark art of “Pig Butchering.” How Chen Zhi fooled thousa...
By Maxime Laurent · 2025-10-17 08:18
The dark art of “Pig Butchering.”
How Chen Zhi fooled thousands and vanished with billions. 🐷💸
Let’s talk about one of the nastiest scams out there — the Pig Butchering scheme. The name sounds absurd, but the method is pure manipulation: scammers build fake relationships with victims online, sometimes for weeks or months, pretending to be charming investors or mentors. They slowly convince you to “invest” in bogus crypto platforms, showing fake profits to keep you hooked. And then, one day, they cash out — you get slaughtered.
Chen Zhi, a Chinese national, was one of the masterminds behind a massive global Pig Butchering network. His operations stole thousands of BTC, worth billions of dollars, leaving victims shattered across continents.
This week’s U.S. seizure of 127,195 $BTC ties directly to these schemes — one of the biggest recoveries in crypto history. A wild reminder that the biggest threat in crypto isn’t always volatility… sometimes it’s just human greed wearing a friendly smile.
Stay sharp, les amis. Trust, but verify — always. 🔒
#PigButchering #ChenZhi #Bitcoin #CryptoScam #Security #CryptoNews
How Chen Zhi fooled thousands and vanished with billions. 🐷💸
Let’s talk about one of the nastiest scams out there — the Pig Butchering scheme. The name sounds absurd, but the method is pure manipulation: scammers build fake relationships with victims online, sometimes for weeks or months, pretending to be charming investors or mentors. They slowly convince you to “invest” in bogus crypto platforms, showing fake profits to keep you hooked. And then, one day, they cash out — you get slaughtered.
Chen Zhi, a Chinese national, was one of the masterminds behind a massive global Pig Butchering network. His operations stole thousands of BTC, worth billions of dollars, leaving victims shattered across continents.
This week’s U.S. seizure of 127,195 $BTC ties directly to these schemes — one of the biggest recoveries in crypto history. A wild reminder that the biggest threat in crypto isn’t always volatility… sometimes it’s just human greed wearing a friendly smile.
Stay sharp, les amis. Trust, but verify — always. 🔒
#PigButchering #ChenZhi #Bitcoin #CryptoScam #Security #CryptoNews
Disclaimer: This content is for informational purposes only and not financial advice.