Innovative Approach to Scamming

In an unexpected twist of crypto capers, the renowned exchange Kraken has introduced a cheeky new tactic: scamming the scammers. By teaming up with popular streamer Kitboga, the exchange has crafted a unique method to identify and expose illicit wallet activities. Who knew that drawing in the bad guys could also draw laughs?

Meet the Scam Baiter

Kitboga, notorious for his adventures in annoying scammers, recently shared his escapades with a fake account loaded with a jaw-dropping $450,000 in Bitcoin. In a video, he demonstrated his custom-made environment provided by Kraken, igniting the excitement of a scammer impersonating President Joe Biden. Talk about a wallet full of surprise!

The Plot Twist

As the scammer eagerly awaits his payday through video screen-sharing, things take a comical turn when Kitboga, embodying an elderly woman, hilariously misspells the scammer’s wallet address. The rage that follows is epic—imagine a scammer being robbed of their chance to rob someone else!

How It Works

Thanks to the Kraken-hosted BTC wallet address, the crypto exchange can effectively flag this scammer, linking him directly to fraudulent activity. This collaborative effort between Kitboga and Kraken’s chief security officer, Nick Percoco, underscores an innovative use of technology in the ongoing battle against scams.

Scamming Awareness and Impact

With 1.2 million followers on Twitch and 3 million on YouTube, Kitboga’s humorous and engaging content aims not only to entertain but also to educate the public about scams. By wasting the time of malicious actors and reporting dubious activities, he sheds light on a dark aspect of the internet, often resulting in some website takedowns. In an age where scams seem rampant, humor might just be the antidote we all need.