Latest evolution of ‘pig butchering’ scam lures victim into fake mining scheme

Crypto fraud has become the dominant form of Internet-based confidence schemes over the past three years, as demonstrated by the sha zhu pan (“pig butchering”) scams Sophos researchers recently investigated. But one variant has been growing at a particularly rapid Read More …

Sha zhu pan scam uses AI chat tool to target iPhone and Android users

Over the past two years, we have been tracking a variety of scams targeting mobile device users, generally referred to as “shā zhū pán” (杀猪盘, which translates as “butcher plate”) or “Pig Butchering.” This includes a category we labelled as Read More …