Safety and scamsBeginner
Pig butchering scams
A stranger builds a friendship or romance over weeks of chatting, then steers you to a fake investment platform.
- What it means
- The platform shows growing profits that are made up; withdrawals are blocked until you pay a "fee" or "tax", and the money is usually gone.
- What to watch
- A new online contact who talks about their trading success, a platform they suggest, fast profits on screen and fees to unlock a withdrawal.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
Free guides and tools
Crypto Fear & Greed IndexBitcoin DCA calculatorCrypto taxCrypto basics
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