This is my first time to encounter the "pig butchering" term for a scam involving fooling people to just send someone money and then run away with it. Well, the strategy is not something new but maybe the use of USDT in laundering the money can be a new twist. Now, these two sweet talking guys are now facing the full force brunt of the law for the things they did and I am wishing that all their victims will get the justice they all deserve. Let's see how many years these two crooked, evil personalities will be minting soon. Scammers are right now still having a feast and thanking heaven for the use of cryptocurrency but the law is watching them so they should be warned.
To be honest, the term "Pig Butchering" is also new to me, I was calling this scam phishing one till now, but did not know that, different methods have there unique names. Well, I like this name, although it did not suit best for the scam method, but still, its cools. Besides the cool name, I don't know how people can trust an unknown person and even send them your funds. This is definitely not a new thing.
Because till now I have read many such cases, where a victim first fished by these scammers, they either promise you huge returns or luxurious life, these people act a brokers, most people don't know how things works, so they give there money to these fake brokers, and end up a viticm of pig butchering. Its a great thing they have been captured, as with them other will also be captured, I hope the authorities will not go easy on them.