On December 18, 2024, INTERPOL announced a shift in terminology from “pig butchering” to “romance baiting” to describe online scams that exploit victims through fake romantic relationships, tricking them into investing in phony cryptocurrency schemes. This change aims to address the stigma surrounding victims and encourage them to report these crimes. The term “pig butchering,” ...
INTERPOL is advocating for a shift in terminology regarding online scams, urging the use of “romance baiting” instead of the term “pig butchering.” This change aims to reduce the dehumanization of victims, encouraging them to seek help rather than feeling ashamed. Romance baiting refers to scams where victims are manipulated into investing in fake cryptocurrency ...
In the Philippines, six South Korean nationals were arrested for their alleged involvement in a cryptocurrency investment scam that has swindled multiple victims out of nearly 2.9 million US dollars. The arrests took place during separate operations in Muntinlupa City, where authorities claimed the group was running a fraudulent scheme through a fake cryptocurrency website. ...
