This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers' Time
A streamer named Kitboga has effectively wasted approximately 4,000 hours of scammers' time by creating a fake Bitcoin ATM scheme. This scheme involves trapping scammers in a tedious process that prevents them from contacting victims while they attempt to navigate an endless maze designed to waste their time. Kitboga's initiative began as a way to keep scammers busy and comes from a desire to protect vulnerable individuals, especially the elderly, from becoming victims of scams. The process involves scammers attempting to solve ridiculous tasks and engaging with a confusing automated phone system. During their time spent trying to redeem a non-existent receipt, scammers are subject to long hold times and bizarre prompts, making it frustratingly futile. Over 500 scammers have been caught in this trap, with the average duration of engagement close to three hours. Kitboga uses this opportunity not just to entertain viewers on platforms like YouTube and Twitch but to gather intel that can be shared with law enforcement for further action against these malicious actors.
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