Comments by "Magic Beans" (@Magic_beans_) on "The Pig Butchering Scam!" video.

  1. I wouldn’t say nothing. Yes, scams like this have long existed, and they could just as easily claim to have a secret strategy trading forex or penny stocks. Still, as mentioned at 16:00 crypto’s irreversability and pseudonymity help the scammers avoid being shut down or the money recovered. When Bernie Madoff’s scam fell apart, over 90% of the money people had put into the scheme was eventually returned. It took years and they missed out on any gains for the time their money was in limbo, but they got something.
    1