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Uncanny Valley | WIRED

How Crypto Scam Compounds Use Romance to Make Billions

Uncanny Valley | WIRED

WIRED

Technology

4.1570 Ratings

🗓️ 28 May 2026

⏱️ 17 minutes

🧾️ Download transcript

Summary

Last year, a mysterious source reached out to WIRED’s senior writer Andy Greenberg — someone who claimed to be an engineer trapped in a scam compound in Laos. According to the whistleblower, the compound’s illicit tactics specialized in pig butchering scams: sophisticated online tactics to build a romantic, trustworthy relationship with a victim before scamming them. Brian sat down with Andy earlier this year to break down how the whistleblower revealed — and fled — the inner operations of the compound. 

Originally published on February 5th. 

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Transcript

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0:00.0

Hey, this is Brian. We're taking a break from our roundtable this week, but we didn't want to leave you empty-handed. So we're sharing one of our favorite stories that we featured on the show, an investigation into a whistleblower trapped in a scam compound in Laos. I sat down with Wired's Andy Greenberg earlier this year to learn about it, and trust me when I tell you that the twists and turns of this story will make your head spin.

0:21.8

We hope you enjoy it.

0:29.5

I was, you know, having a normal Saturday on the roof with my kids.

0:31.1

They were like playing in a kiddie pool.

0:36.4

Last summer, my colleague Andy Greenberg was enjoying an idyllic late afternoon in New York.

0:41.3

There had just been like a rainstorm. There was a rainbow. It was a very beautiful evening. And I, you know, in typical terrible 21st century parenting style was ignoring my kids and

0:46.3

looking at my phone and scrolling through messages.

0:48.3

In the middle of mindlessly scrolling between apps.

0:51.3

I've got this email, I found this email from someone with a pseudonym who was messaging me from the

0:58.5

encrypted email service proton mail.

1:00.5

The email is from an unnamed source who claimed to be a computer engineer in Laos.

1:04.0

A computer engineer trapped in a compound in the region of Laos who wanted to be a source, who wanted to be a whistleblower

1:13.2

inside this crypto scam compound.

1:16.2

As a cybersecurity reporter, crypto scams are Andy's bread and butter.

1:19.4

That's what he's constantly tracking down, trends in hacking and cybercrime.

1:23.7

But crypto scam compounds are a beast of their own.

1:26.1

These are places where scam operations happen at an industrial scale.

1:30.5

And crypto scams have become the most profitable form of cybercrime in the world, pulling

1:35.0

in tens of billions of dollars each year.

1:37.9

Andy didn't know if this anonymous source was legit, but he followed up and told the source

1:41.5

to message him through Signal.

1:43.5

Later that evening, Andy received a flurry of messages.

...

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