Crypto Scammers Waste 4K Hours & China Makes $12M Crypto Bust: Best Wallet Protects You
Scammers will always find a way, especially in crypto, where regulation is often lacking and enforcement feels like a distant dream.
So, how do you fight back?
Simple. Beat them at their own game, waste their time, and watch them squirm.
Kitboga Strikes Back
A pseudonymous streamer known as Kitboga designed an effective and satisfying new weapon in the fight against crypto fraud: a fake Bitcoin ATM ‘maze.’
A popular tool for crypto scammers is to have victims deposit cash into a Bitcoin ATM; the machine will then produce the destination wallet address and transaction ID.
Once the scammers have the newly converted Bitcoin, they can ignore the victim and move on. Bitcoin ATMs are surprisingly accessible – there are over 40K…