How Criminals Target Users via Love Scams and How to Stop The Pig Butchering Epidemic with Erin West
The Future of Money · Henri Arslanian
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Show Notes
With Erin West, former prosecutor (26+ years) and founder of Operation Shamrock, one of the leading global initiatives fighting pig butchering scams and the organized crime networks behind them.
Pig butchering is no longer a niche fraud story. We are living in a scam-demic. These scams are industrial-scale operations run out of compounds across Southeast Asia, and they are targeting everyday people — not just crypto natives. Doctors. Students. Professionals. Families. People are losing everything… and often being pushed into debt.
In this episode, we discuss:
- What pig butchering scams really are
- Why they are so effective psychologically
- How organized crime is using crypto as the main payment rail
- The role of exchanges, stablecoins, and compliance gaps
- Why crypto ATMs are "theft machines"
- How AI and deepfakes are making scams harder to detect
- The disturbing link between scams and human trafficking
- Why shame prevents victims from reporting
- What to do immediately if you suspect you are being scammed This is one of the most important conversations happening in crypto today.
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The full interview is also available on my YouTube channel:YouTube: https://bit.ly/4kRnPIu