pig butchering
Meanings
noun
- A scam technique in which victims are tricked into investing large amounts of money into a fictitious brokerage (usually a cryptocurrency wallet), which actually sends their funds directly to the scammers.
- Used other than figuratively or idiomatically: see pig, butchering.
verb
- present participle and gerund of pig butcher
Word forms
Etymology
Calque from Mandarin 殺豬盤／杀猪盘 (shāzhūpán, “pig-butchering plate”).
Derived words
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