A previously relegated consumer fraud issue, pig-butchering scams are evolving into a serious threat to national security. Experts warn that these increasingly sophisticated schemes have crossed the line and require immediate attention from regulatory agencies, investors, and law enforcement officials. 🎧 Chainalysis’ Andrew Fierman and Erin West, founder of Operation Shamrock, discuss how these financial manipulations, involving a network of human trafficking and money laundering, are becoming more complex than traditional fraud. Their investigation reveals that pig-butchering scams target victims through relationships, creating trust before steering them toward fake cryptocurrency investment platforms and draining their funds.