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Youtuber Reverse-Scams Crypto Thief

August 8, 2019 11:44 am

USA — Youtube and director of marketing at Bull Bitcoin, Ben Perrin, pulled a reverse-scam on a thief trying to steal his Bitcoins. In a series of instant messages back and forth, the scammer attempts to use the “Spanish Prisoner” confidence trick. This is a common scheme in cryptocurrency social media, users have impersonated celebrities like Elon Musk, Bill Gates, and Ethereum creator Vitalik Buterin.

Eventually Ben was able to get the scammer to send $50 to Bitcoin Venezuela, a charity that helps people in Venezuela buy food. While humorous, this event shows the lows that people will go to acquire Bitcoin, and should serve as a reminder to keep your coins safe.