Meta’s Mighty Swipe: 2 Million Scam Accounts Gone, But Is Your Wallet Safe?
Meta takes down 2 million scam accounts linked to pig butchering, originating from countries known for “scam slave” operations. These scams, led by Asia Pacific gangs, target users worldwide with fake investment schemes. Meta’s toolkit includes banning scam groups, using behavioral signals, and collaborating with law enforcement to combat these scams on social media.
Hot Take:
Looks like Meta is playing the digital version of “Whac-A-Mole” with scammers, and they’re wielding a hammer big enough to take down 2 million shady accounts! Who would have thought pig butchering would be more digital than delicious? Only on the internet, folks.
Key Points:
- Meta has purged over 2 million scam-related accounts in 2023, focusing on “pig butchering” scams.
- These scams originate primarily from Myanmar, Laos, UAE, Philippines, and Cambodia.
- “Pig butchering” scams involve deceptive investment schemes and long-term manipulation.
- Meta collaborates with law enforcement and tech coalitions to combat these scams.
- Users are advised to adopt security measures like two-factor authentication and remain cautious online.
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