CRIME

A Scammer's Nightmare: A $7 Million Bitcoin Blunder

Mon Sep 15 2025

In a bizarre twist of fate, a scammer found himself in a panic when his plan to steal millions in Bitcoin backfired spectacularly. This incident, which took place in December 2024, revealed the inner workings of a typical crypto scam and the sheer desperation of those who orchestrate them.

The Setup

The scammer, who posed as a recovery expert, reached out to someone he believed was an elderly man with a "lost" Bitcoin account. The man, who was actually part of a prank set up by YouTuber Kitboga and his team, claimed his son was having trouble accessing an account loaded with millions in cryptocurrency. The scammer saw this as a golden opportunity and promised to help recover the funds, but only if he was granted remote access to the victim’s computer.

The Scam Unfolds

Once inside, the fraudster began giving step-by-step instructions, insisting that the only way to "verify" the account was to transfer Bitcoin to a wallet address he controlled. The bait was massive—he claimed there was over $7 million in Bitcoin up for grabs.

"Don’t type it by yourself. Don’t type it. Don’t do anything," he repeatedly ordered, trying to maintain control as he guided the victim through the supposed process.

However, the fake family on the other end deliberately messed up his instructions, causing confusion and chaos.

The Downfall

As the scammer pushed for the transfer, things quickly went south. At one point, the victim’s balance suddenly dropped.

"Wait a minute. What? Just my balance. My balance is 30. It was 154, 000 and now it’s 39, 000. What’s going on? What just happened?" the scammer exclaimed in shock.

The fake family pretended to be clueless, asking, "Is this a rug pull? I’ve heard about those. Are you rug pulling us?" turning the scammer’s own fraudulent language back on him.

Every attempt by the fraudster to regain control only made things worse. He begged for silence so he could type the "correct" address:

"You are not letting me work. You are just moving your purse again and again… you’ll lose the money just like this."

Yet the fake victims kept pretending to make transfers to the wrong wallet, pushing the scammer to the brink of a breakdown.

The Final Straw

The final straw came when a withdrawal of nearly $7 million flashed across the screen. Instead of celebrating his apparent haul, the scammer realized he had been locked out of his own scheme.

"Do not do that… you’ll lose the money… what are you doing?" he shouted, desperately clinging to the last scraps of his plan.

In the background, the fake family continued to twist the knife, mocking his earlier assurances:

"Okay, I think we’re verified. You know what you did? Yes, verified."

The Aftermath

This incident highlights the fragility of scams and the desperation of those who try to pull them off. It also serves as a reminder to always be cautious when dealing with unsolicited offers, especially those involving cryptocurrency.

questions

    How do law enforcement agencies typically track and apprehend crypto scammers?
    How can the public be better educated to recognize and avoid falling victim to similar scams?
    Is it possible that the scammer was actually a plant to test the effectiveness of the sting operation?

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