Crypto scam apps on Google Play and Apple App Store? Know how pig butchering works
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A new type of online scam has surfaced recently. Known as the “pig butchering” scam (literal translation from sha zhu pan, meaning pig butchering plate), it is a type of romance scam where a scammer would connect with the victim, usually on a dating site or a social media website, and will show romantic interest in the victim. But before too long, the fraudster would scam the victim out of all their money. But this scam is getting scarier as scammers are taking the path of crypto to easily steal the money without being tracked. And to win the trust of the victims, scammers are sneaking in fraudulent crypto apps into Google Play and Apple App Store, a cybersecurity company has found.Researchers at the cybersecurity company Sophos have published a report where they found that earl...