YouTuber and streamer Kitboga collaborated with Kraken to expose and take down a call center crypto scam. The scam involved a fake security alert that directed victims to call a fake hotline, where fraudsters posing as cybersecurity experts manipulated them into making payments, handing over login credentials, or even control of their devices. Kitboga worked with Kraken to set up a fake account that appeared to contain a large amount of Bitcoin, which the scammers attempted to withdraw from. Kraken's sting operation gathered data on multiple crypto wallets used by the call center operators, which was shared with other exchange operators to freeze assets and close the net on the perpetrators' crypto laundering operation.
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