Streamer Kitboga has developed a unique system to combat crypto scammers using a fake Bitcoin ATM.
Scam Combat Tactics
Kitboga created a fake Bitcoin ATM website that leads scammers into a confusing digital maze. The QR code on the receipt directs attackers to a fake crypto exchange, while the support line connects them to Kitboga's team.
Gathering Information on Scammers
The maze not only distracts scammers but also assists in collecting valuable information. If the scammer believes they are about to receive money, they may reveal personal details about their main crypto wallet, which is then passed to law enforcement.
Results of Kitboga's Efforts
Over the year, Kitboga's efforts have wasted 3,953 hours of scammers' time, averaging three hours per individual. Some interactions are for content while others aim to collect serious evidence, which has already led to the freezing of scammer funds on trusted crypto platforms.
Kitboga's innovative tactic of using a fake Bitcoin ATM continues to impact the fight against cryptocurrency fraud, supported by various exchanges.
