A YouTuber known for his videos exposing scammers pretended to have more than 12 bitcoins (about R$1.7 million) in a brokerage and caught the attention of one of them. Working with broker Kraken, ‘Kitboga’ has exposed some of the tactics used by such criminals.
Initially, a scammer calls the YouTuber posing as an clerk at the brokerage in question and warns that her account is at risk. “We noticed suspicious activity on your account”, says the scammer on the phone. He will then be asked to follow some steps to protect his cryptocurrencies.
The YouTuber allows the scammer to access his computer remotely and she immediately tries to change both his password and his two-factor authentication (2FA). However, Kitboga starts toying with the scammer and pretends to have downloaded a virus.
“The first thing I did to stop her was show her fake ransomware so she thought all my money was going to another scammer.”

The woman fears she won’t be able to follow through with her scam and does everything she can to make sure her potential victim doesn’t get in the way. “Sir, don’t click on anything”says the conman, losing patience with him.
Scammer calls again to steal 12 bitcoins
Expanding on the video, Kitboga reveals another call from the scammer. The YouTuber again allows remote access to her computer and shows that she is ready to click on the icon that will reveal the password.
“She has the mouse right at the top, ready to click and show me my password.”

After logging into his account, which has a fake balance of 12 bitcoins, the YouTuber reveals his next step to trick the scammer. After Kitboga copies the scammer’s address, he changes one of the letters in the address. In other words, the supposed withdrawal request would in no way go to the scammer’s account.
“This time she will try to add a wallet to my account so she can get all my bitcoins. But that won’t be easy, because I’m going to replace the letter ‘q’ with a ‘p’.”
Despite the YouTuber forcing the scammer to look at the error in the address, she doesn’t even notice and continues the scam.
Then another scammer calls Kraken directly and pretends to be the YouTuber to check the recording process, but this did not reach his address.
“I want to know the status of a transaction I have made”says another scammer associated with the broker. “I just transferred my bitcoins to my other wallet.”
The broker’s support then begins to verify the legitimacy of the call, asking some security questions. In the first question, the assistant asks what the account owner’s favorite brand of toothpaste is.
Without knowing the answer, the first scammer calls the YouTuber again to try to get the answer, followed by other similar questions.
“My favorite fish is goldfish. My favorite time of year is none”says the YouTuber, holding back his laughter. “My favorite pair of shoes are bowling shoes.”

At the same time, the scammer continues to try to access the YouTuber’s account, providing the answers obtained by the other scammer.
The scammer notices an error in the address and tells the victim to call the broker for help
In yet another phone call, the YouTuber makes the scammer realize that there is a typo in the address. Although posing as a Kraken employee, the scammer advises her victim to urgently seek the broker’s help.
“Listen, you need to call Kraken quickly, just call Kraken and tell them you made a mistake.”says the scammer.
‘What do you mean call Kraken? I’m on the phone with Kraken right now. You are the Kraken”the YouTuber replies. “You lost my 12 bitcoins.”

The YouTuber follows the scammer’s recommendation and enlists the broker’s help. The scammer also stays on the line and even talks to the real assistant.
As the video ends, Kitboga shows an email to the scammer, showing that the transfer has been “completed.” She realizes she wouldn’t accomplish anything and cuts the calls.
The full video can be viewed in full below.
Although Kitboga was willing to fool the scammers, other investors can easily fall for similar scams due to the sense of urgency of such calls.
Therefore, the recommendation is never to provide personal information when contacting anyone claiming to work for a financial service, such as brokers and banks, and never to download applications mentioned in these conversations.
Finally, another option is to contact support for the service in question directly, from the website or real phone number, to find out what’s going on.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.