In short, there are Chinese criminal organizations that have produced
   fake crypto exchanges, who reach out to men and women via dating apps
   as well as just randomly texting people or hitting them up on
   WhatsApp.
   I've seen it myself many times, some suspiciously attractive Chinese
   woman who just casually mentions that they also invest in crypto.
   They'll talk for a while without asking for anything or pushing
   anything, they'll present themselves as highly successful business
   people, maybe even send you gifts to show that they are real. They will
   research your town and make references to local landmarks and
   restaurants and such to make it seem as if they are there.
   Eventually they will shift the conversation towards crypto investing,
   which is where I've always dropped out of the conversation because
   something seems like an obvious scam but it wasn't quite sure how.  But
   apparently they will then show you their portfolio on this fake crypto
   exchange, and then encourage you to invest alongside them.  You will
   see your portfolio supposedly make a bunch of money, even though your
   money is gone and you'll never get it back.
   Bit by bit they'll encourage you to invest more, and then something
   will go wrong in their life where they suddenly need your help, and
   then as a sign of commitment to the relationship will ask you to
   temporarily make a large investment with the expectation that you get
   it back immediately.
   For example, they might claim that due to some kind of regulation or
   something, if they don't get $100,000 invested into this exchange very
   quickly, they will lose far far more. You don't know that they are
   actually collaborating with this fake exchange, so you think it's just
   all a legit thing, and you also think that you've been making a bunch
   of money along the way, and also that they are highly successful
   business person as well.
   Anyway, it's called the pig butchering scam because they will spend a
   long time "fattening you up" before going in for the kill.
   The technological component to the scam, along with the highly
   organized operation behind it and global scale I think make it pretty
   interesting.
   David

   On Thu, Feb 10, 2022, 5:36 AM Shawn K. Quinn <[1]skquinn@rushpost.com>
   wrote:

     On 1/31/22 20:37, David Barrett wrote:
     > Super interesting video:
     >
     >
     [2]https://www.youtube.com/watch?app=desktop&v=KSVKOaZL2to&ab_channe
     l=inspiroue
     >
     <[3]https://www.youtube.com/watch?app=desktop&v=KSVKOaZL2to&ab_chann
     el=inspiroue>
     Executive summary, in text format?
     --
     Shawn K. Quinn <[4]skquinn@rushpost.com>
     [5]http://www.rantroulette.com
     [6]http://www.skqrecordquest.com

References

   1. mailto:skquinn@rushpost.com
   2. https://www.youtube.com/watch?app=desktop&v=KSVKOaZL2to&ab_channel=inspiroue
   3. https://www.youtube.com/watch?app=desktop&v=KSVKOaZL2to&ab_channel=inspiroue
   4. mailto:skquinn@rushpost.com
   5. http://www.rantroulette.com/
   6. http://www.skqrecordquest.com/