A content creator, Kitboga, has successfully wasted nearly 4,000 hours of scammers' time by creating a fake Bitcoin ATM scheme designed to trap them in an endless cycle of frustrating tasks while extracting information on their operations. Over more than a year, his team tricked about 500 scammers, with the average scammer spending just under three hours trying to redeem a non-existent Bitcoin receipt. The scheme features tedious tasks like answering absurd CAPTCHAs and navigating a frustrating automated phone menu that leads to nowhere. Kitboga emphasizes that wasting scammers' time not only creates entertaining content but also aids in gathering intelligence used to combat their operations. He has collaborated with the exchange Kraken to share insights about scammer wallets, which has helped in freezing stolen funds. The effort stemmed from Kitboga's desire to protect vulnerable individuals, particularly the elderly, from being scammed. With a growing following on platforms like Twitch and YouTube, Kitboga's work has evolved from a passion project into a full-time career, raising awareness on the dangers of such scams.

Source đź”—