The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Man Held Captive in ‘Scam Compound’ and Forced To Target Westerners With Crypto Schemes: Report

by Rhodilee Jean Dolor
February 11, 2024
in Scams, Hacks & Breaches

A Malaysian man who responded to a job ad on Facebook reportedly fell victim to a human trafficking syndicate that forced him to engage in crypto scams. 

CBC reports that the man, only referred to as John to protect his identity, answered a post on a Facebook group promoting a purported customer service job with a Cambodian casino.

The supposed employer soon sent John on a flight from Thailand to Sihanoukville, a coastal city in Cambodia. 

But when he arrived for work, John says his passport was confiscated and he was locked in a room on the fourth floor of a compound, where he was held with other captives for four months.

John, who speaks three languages, says he was forced to target Canadians and other English-speaking Westerners for a crypto scam known as pig-butchering. The scheme involves scammers building relationships with their prospective victims to gain their trust and get them to invest their money in crypto assets.

John initiated conversations with strangers online and persuaded them to make shady crypto investments. He was expected to entice 15 new target victims per day.

“We [were] always on the fourth floor to eat, to work, to sleep, to take a shower. Once you get into the scam compound, that might be your life – gone.”

He says the traffickers beat or electric-shocked them when they did not follow the rules.

John attempted to escape by using an online messaging app on his phone to ask for help, but he was caught and sold to another scam company for $11,000.

At the new company, John tried to call for help again using a fake account on social media platform X. He reached out to the International Justice Mission (IJM), a non-profit that aims to protect people from trafficking and modern-day slavery.

Jake Sims, IJM’s country director for Cambodia, worked with authorities to rescue him.

Sims says John is an ideal target for traffickers.

“Your typical profile is someone who probably speaks a couple of languages, is college-educated, probably is quite savvy with technology, with social media. 

They’re out of work, they’re seeking quite high-risk employment opportunities, so they are desperate.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
    December 5, 2025
  • LayerBank Secures $2.3M in Pre-Seed Funding Ahead of ULAB Token Launch on Movement Network
    December 5, 2025
  • iAero Protocol Launches Token Sweeper, Distributes 5% of LIQ Supply to Stakers
    December 4, 2025
  • TrueNorth Raises $3M to Build Domain-Specific AI for Finance
    December 4, 2025
  • Uphold Files Application to Offer Tokenized Securities and Partners with tZERO on Infrastructure Services
    December 4, 2025
  • COINPAYMENTS becomes Global Partner of Aston Martin Aramco Formula One Team
    December 4, 2025
  • I-ON Digital Corp. Deploys $200M in AUM Backed by In Situ Gold as Treasury Expands Its RWA Strategies
    December 4, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$89,652.02
$89,652.02
1.81%
Ethereum
$3,035.98
$3,035.98
3.09%
BNB
$891.50
$891.50
0.57%
Solana
$132.60
$132.60
2.66%
XRP
$2.02
$2.02
3.19%

Spotlight

  • $25,000 Drained From Woman’s Wells Fargo Bank Account After AT&T Breach: Report
    November 29, 2025
  • Chainlink’s Sergey Nazarov Says Two Forces Fueling TradFi Adoption of Blockchain and Crypto
    November 29, 2025
  • Bank Executive Allegedly Steals $411,000, Splurges on Travel, Shopping Sprees and Home Renovations
    November 29, 2025
  • JPMorgan Chase, Citi and Morgan Stanley Customers Impacted As Massive Third-Party Data Breach Hits Banks: Report
    November 29, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl