Content creator Kitboga has successfully wasted about 4,000 hours of scammers' time through a fake Bitcoin ATM scheme. By creating a deceptive receipt that cannot be redeemed, Kitboga has forced scammers to navigate a frustrating maze of CAPTCHAs, automated calls, and long hold times. Over a year, this innovative tactic has ensnared approximately 500 scammers, with some individuals staying trapped for up to 156 hours. The maze includes tasks designed to be tedious and humorous, such as answering ridiculous questions and repeating nonsensical phrases on hold. Kitboga views this as an efficient method not only to disrupt scams but also to gather information that can lead to the identification of scammers. By presenting himself as a potential victim, he collects actionable details that can be turned over to law enforcement. His efforts are supported by collaboration with Kraken, which assists in sharing intelligence and freezing stolen funds from scams. This approach highlights not just the entertainment value of scambaiting but also its potential effectiveness in combating online fraud.

Source šŸ”—