This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers' Time
A content creator named Kitboga has managed to trap scammers for nearly 4,000 hours by creating a fake Bitcoin ATM scheme. Through this innovative approach, Kitboga wastes the scammers' time while gathering intelligence to help combat their illegal activities. The scheme involves an automated maze where scammers attempt to redeem a fake Bitcoin receipt, leading them into a tedious process of completing ridiculous tasks—like answering confusing CAPTCHAs and navigating misheard prompts from a faux hotline. Over a year, around 500 scammers have been ensnared, with some even spending over 150 hours trying to redeem non-existent Bitcoin. Kitboga uses this method to keep scammers occupied, preventing them from targeting vulnerable victims, particularly the elderly. With a significant following on platforms like Twitch and YouTube, Kitboga's efforts showcase how creativity can be harnessed to fight back against online scams. This time-wasting tactic is not only entertaining but also aids in gathering actionable information that can be handed over to law enforcement.
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