Pig-Butchering Scam Kits Are for Sale in Underground Markets
Cybercriminals are selling ready-made "pig-butchering" scam kits on the dark web to conduct "DeFi savings" cryptocurrency fraud, according to Sophos. The kits expedite scamming worldwide. In these scams, criminals build online relationships then persuade victims to invest in fake crypto schemes, manipulating them to drain digital wallets. The bundled kits contain websites enabling wallet access via Ethereum blockchain plus chat support posing as technical staff. Victims open legitimate crypto apps but enter malicious sites letting criminals steal funds. The report details the mass distribution of these DIY crypto fraud kits.
Read more of this story at Slashdot.