"Pig Butchering Trading Apps Found on Google Play, App Store"
"Pig Butchering Trading Apps Found on Google Play, App Store"
Security researchers at Group-IB have discovered fake trading apps on Google Play and Apple's App Store that lure victims into "pig butchering" scams. After being reported, the apps have been removed from the official Android and iOS stores after accumulating several thousand downloads. Pig butchering is a scam where a victim is led to believe they are getting high investment returns on a fake trading platform that displays fabricated information.