69-year-old New Zealand grandmother loses $100,000 in pig-butchering crypto romance scam

Summary

A grandmother in New Zealand lost $100,000 in a "pig-butchering" cryptocurrency scam. She had believed she was forming a romantic relationship with someone she met online. The scam involved manipulation and deceit to gain her trust before she was defrauded. The incident highlights the growing threat of romance-based financial scams involving cryptocurrency. ThePost.co.nz reported the case, which underscores the vulnerability of older individuals to such digital fraud.