Deepfake scam services. Victim data. Electrified shackles for human trafficking. Crypto tracing firm Elliptic found all were available for sale on an online marketplace linked to Cambodia’s ruling family.
As the crypto scam commonly known as “pig butchering” has exploded into a full-blown criminal industry that steals tens of billions of dollars a year, an entire ecosystem has formed around it. That sub-industry offers tools and data for finding and tricking targets, money laundering services to help liquidate stolen funds—even detention tools to imprison and coerce the human trafficking victims enslaved to work in scam operations.
Beyond Huione Guarantee, crypto scamming researchers say they’ve seen signs of code and toolkits being circulated and re-used between pig butchering operations. For example, Sean Gallagher, a senior threat researcher at Sophos, says he's recognized the same code underlying multiple fake crypto investment platforms and exchanges meant to trick victims into depositing their funds.
Cryptocurrency Phishing Security Malware
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