This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers' Time
A content creator, known as Kitboga, has successfully wasted approximately 4,000 hours of scammers' time by creating a fake Bitcoin ATM receipt that leads them into an infinite maze. The scheme is designed to trap scammers who typically manipulate victims into sending money via Bitcoin ATMs. Kitboga and his team guide scammers through tedious tasks, including solving various CAPTCHAs that waste their time. The average scammer spends almost three hours in the maze, with some being stuck for as long as six and a half days. The effectiveness of the scheme lies not only in time-wasting but also in gathering intelligence on scammers, which Kitboga uses to report them to law enforcement. The initiative highlights the ongoing issue of Bitcoin ATM scams and the innovative methods being employed to combat them. Kitboga's work has garnered a significant following, showcasing his commitment to thwarting these malicious actors effectively.
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