The Wall Street Journal’s latest exposé reveals the harsh realities of “pig butchering” scams - cyber-enabled con games where criminals build trust with unsuspecting victims before draining their life savings through fake investment opportunities, often involving cryptocurrency. The story is not just about devastating personal loss; it’s a call to action for banks, financial institutions, and security providers to step up their fraud defenses like never before. The “pig butchering” epidemic proves that scammers are relentless, creative, and increasingly sophisticated. At Conduit, we’re committed to turning the tide by stopping scams and protecting assets and investors from the devastation of fraud.