To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters By Cointelegraph
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United States crypto exchange Kraken has provided a novel method for flagging nefarious wallets — building a fake crypto account on the exchange to “scam bait” bad actors.
Tweeting on May 10, popular streamer Kitboga — whose content revolves around annoying scammers— revealed that Kraken had built him a “custom environment” which he used to frustrate a scammer impersonating President Joe Biden, who he previously had a run-in with around a year ago.
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United States crypto exchange Kraken has provided a novel method for flagging nefarious wallets — building a fake crypto account on the exchange to “scam bait” bad actors.
Tweeting on May 10, popular streamer Kitboga — whose content revolves around annoying scammers— revealed that Kraken had built him a “custom environment” which he used to frustrate a scammer impersonating President Joe Biden, who he previously had a run-in with around a year ago.
Continue Reading on Coin Telegraph