05/26/2025
Pig Butchering Scams - Scammer may use a variety of methods to establish a relationship (either social, romantic, or business focus), and then gain the victim's confidence and gradually introduce the victim to a fraudulent investment opportunity. In most cases, Scammer will approach victims through social media or dating apps, ask to take the conversation offline (e.g., Whatsapp, WeChat), and then communicate regularly with the victim to establish the relationship. Once Scammer has the victim's trust, Scammer will then propose an investment opportunity related to crypto assets. Scammer will offer to train the victim to set up an account on an exchange to purchase crypto assets, and then provide a website or wallet address for the victim to transfer funds in order to participate in the investment opportunity. The fraudulent platform investment opportunity is often designed to appear legitimate, and often produces artificial gains to keep the victim engaged in the platform and possibly deposit more funds.
However, the victim is never able to withdraw their funds from the site, and may be asked to transfer even more funds before anything can be withdrawn through a variety of excuses (e.g., service fees, IRS taxes, etc.).
Understanding Crypto & Online ScamsOnline scams have become increasingly sophisticated, targeting both new and experienced investors. Common types include:✅ Investment Scams – Fraudulent platforms promising high returns but ultimately stealing deposits.✅ Ponzi & Pyramid Schemes – Using funds from new investors to pay fake “profits” to earlier investors before collapsing.✅ Phishing Attacks – Fake websites and emails designed to steal login credentials and access digital wallets.✅ Pump-and-Dump Schemes – Fraudsters artificially inflate the price of a cryptocurrency and sell off their holdings, leaving others with worthless assets.✅ Fake ICOs & Exchanges – Fraudulent cryptocurrency projects that collect investments and disappear.✅ Romance Scams – Scammers build fake online relationships to manipulate victims into sending money, often under the guise of emergencies or financial distress.To stay safe, always verify platforms, double-check URLs, use secure wallets, and never share private keys or personal financial details. If you’ve been scammed, act quickly—we can help you fight back and recover your funds.⸻Important Notice ADEPT-ITC provides free consultations; however, our fund recovery services are not free. Chargeback and other recovery programs require retainers, fees, and/or commissions based on the case history and selected service. We do not offer financial investments or advisory services.
If you think you are been scammed through pig Butchering ,or any Crypto Oriented Progams reach out as quickly as possible. The longer you wait, the harder it is for us to reverse, trace, freeze or seize stolen funds any fraudulent transactions We are definitely going to be more successful if you immediately report.
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