A YouTube and Twitch streamer, known as Kitboga, has ingeniously wasted nearly 4,000 hours of scammers' time using a fake Bitcoin ATM scheme. This elaborate setup serves to both entertain and gather information to combat fraud. Kitboga's team, consisting of 12 members, poses as victims during phone calls, leading scammers into a convoluted maze where they are tricked into attempting to redeem non-existent Bitcoin. The fake ATM receipt, complete with a QR code linking to a phony exchange, is a key element of the ruse. Over a year, around 500 scammers have been ensnared, with the average time spent in the maze nearing three hours. The process includes tedious tasks and a frustrating hotline experience, ensuring scammers cannot target others while engaged. Kitboga, who began this mission to protect vulnerable individuals, has amassed a significant following, turning his passion into a full-time career. His efforts have even led to collaborations with exchanges like Kraken to share intelligence on scammers. Read more AI-generated news on: https://app.chaingpt.org/news

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