Frankly, I am shocked by this. I don’t mean that to criticise you or others that didn’t know the term, but the quality of the discourse/media.
Pig butchering and related crypto scams are an enormous problem. Latest estimates are that the cyber scam industry revenues exceed the illegal drug trade. There are so many victims, both cyber trafficking victims promised great jobs then forced to perpetrate the scams, as well as victims handing over huge sums. Both suffer not only financial loss, but psychological damage.
Lastly, this threatens to destabilize whole countries - as the narcos screwed up Colombia and Mexico, so these scammers are screwing up the Philippines, Cambodia, Myanmar etc.
Again, that such a massive problem is so little known is in itself scandalous.
Myanmar was already a failed state. The scammers just took advantage of the anarchy and corruption.