Crypto Scam Trap: 4,000 Hours of Scammers Wasted

1. Bitcoin ATM Scams – Old Trick, New Victims

In recent years, Bitcoin ATM fraud has become one of the most common tactics used by crypto scammers. The usual method involves impersonating police officers, bank employees, or tech support agents, then pressuring victims to deposit money into a Bitcoin ATM to "resolve an urgent issue." Once the money is deposited, it disappears instantly into an untraceable wallet.

2. Kitboga – The Streamer Who Fights Back

Instead of watching others get scammed, Kitboga, a popular streamer on YouTube and Twitch, designed a clever “digital maze” to trap scammers and waste their time.The result? Over 4,000 hours of scammer time were lost just trying to redeem Bitcoin that never existed.

3. The Clever Trap: A Fake Bitcoin ATM Receipt

Crypto Scammer Trapped in Streamer’s Fake ATM Trap

Kitboga's setup is simple but brilliantly effective:

•  - He created a fake Bitcoin ATM receipt, complete with a QR code linking to a custom-built withdrawal site.

•  - The site features a series of frustrating CAPTCHA tasks (e.g., estimating how many nuts are in a bucket, playing music, measuring wave height).

•  - Eventually, scammers are prompted to call a fake 1-800 hotline, where they are caught in an endless loop of automated menus, fax machine sounds, hold music, and “support agents” who never seem to hear them.
  
  

So far, over 500 scammers have been trapped, wasting nearly 4,000 hours (equal to 164 days) — and not a single satoshi was ever delivered.

4. The Real Purpose – More Than Just Trolling

Beyond entertainment, Kitboga uses this tactic to gather real intelligence: hot wallet addresses, IPs, voice recordings, even webcam footage. He collaborates with exchanges like Kraken to help freeze scammer funds.

“When scammers think they’re about to get $30,000, they often give up their main wallet. That’s when I pass the info to law enforcement,” Kitboga said.

5. Why Bitcoin ATM Scams Are So Dangerous

•  - No refunds once funds are sent via Bitcoin ATM

•  - No real customer support to get your money back

•  - Exploits panic and fear, especially targeting the elderly or non-tech-savvy

6. Crypto Safety Tips for Users

•  - Never deposit into a Bitcoin ATM based on instructions over the phone

•  - Never share your wallet or personal info with strangers via call or message

•  - Follow creators like Kitboga to stay informed about the latest crypto scams

7. Conclusion: Entertaining, But With Purpose

Kitboga does more than make people laugh — he actively disrupts sophisticated crypto scams, many of which prey on vulnerable users. After over 8 years of “trolling scammers,” he’s built a loyal following of millions and plays a crucial role in educating and protecting the Web3 community in the most unexpected way.