Tackling Crypto Scams: A Global Fight Against Pig Butchering
Public Key Podcast | Operation Shamrock’s Erin West joins Andrew Fierman, Head of National Security Intelligence for Chainalysis, on the Public Key Podcast.
They discuss $15 billion crypto seizures, Southeast Asian scam compounds with thousands of victims, and the transnational criminal organizations stealing the life savings of hard-working people. They don’t hold back in sharing the nuances of pig butchering, national security, and everything to do with crypto sanctions and victim support.
Erin describes the comprehensive scam strategies and shares her perspective from her international travels to some of the biggest scam compounds the industry has ever seen.
“If people realized the magnitude of what was happening, I think there might be a little bit more fire in our belly about working toward a solution.” — Erin West, Operation Shamrock
Andrew emphasizes the enormous scale of financial operations linked to scams, evidenced by the billions tied to entities like Huione and Prince Group, and the importance of cross-sector collaboration and proactive regulatory measures to mitigate these threats.
Through real-life anecdotes and expert analysis, Erin and Andrew provide a deeper understanding of the complexities and ongoing efforts to combat transnational organized scam networks.
Public Key is the cryptocurrency and compliance podcast, brought to you by Chainalysis. Full transcript: Tackling Crypto Scams: A Global Fight Against Pig Butchering