Reporting scams is good, and showing how they work (also) is really helpful. By setting up a fake scam, FatMan earned over $100,000 in bitcoins within hours, with just 2 tweets. A masterful demonstration made: despite constant warnings from the cryptosphere, greed and stupidity still cause many investors to take the plunge.
FatMan and his team are determined to expose scams and protect the gullible. Despite many warnings against scams, the victims are still numerous. In order to demonstrate how easily people can be tricked, FatMan has created a scam from the start.
$100,000 worth of bitcoins (BTC) in two hours
First private message, 3.45 BTC on Twitter and 2 BTC on Discord: more than $100,000 worth of bitcoins and new requests pouring in every minute. In two tweets and two paragraphs typed in a Word document, people invested against the promise of an exceptional return.
More than 100,000 followers, a more or less convincing speech, a mysterious deliberate investment, and an attractive result will be enough. Despite many warnings from other Internet users, some of them fall into the trap one after another.
The endless pool of victims of scams
After this experience, people may be more cautious, but there will always be casualties. Although some people read the warnings, many do not. Greed and stupidity are enough to make him a perfect victim. This is why influencers thrive on the web, because the number of potential victims is more than enough to ensure a golden retirement. And Crypto.gouv won’t say otherwise. The plague of social networks are those influencers who offer training, extraordinary investments or counterfeit products. Also known as “fluvoleurs”, the French public is not spared from denying them. But this is not enough.
” It is far too easy to scam people with cryptocurrencies. And that needs to change. If you don’t understand where the result comes from, you are the result. Listen carefully to the critics of any project or investment before you get involved. »
FatMan says he has refunded everyone who sent money. He wanted to show how vulnerable people can be. He is determined to deny the scams his Twitter feed.
Of course, not many people appreciated the joke, but our vigilante didn’t mind. He wanted to prove how far too many people lose their minds when there are promises of easy money. A successful performance. We are not done with new Bitconnect, Juicy Fields, Crypto gouv et cie…
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Subprime, financial crises, galloping inflation, tax havens… Bitcoin was designed for more transparency and maybe finally change the game. I try to understand this new environment and I try to explain it to myself. The road is undoubtedly long, but it is worth it.