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How one person turned the tables on a crypto scammer

Crypto Scam Takes a Twist | One Person Outsmarts Scammer for $5

By

Khalid Asif

Aug 25, 2025, 03:00 PM

Updated

Aug 27, 2025, 05:57 PM

2 minutes reading time

A person on a phone call laughing while pretending to be a victim of a crypto scam, with a computer and notes visible in the background.
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A recent incident illustrates the ongoing struggle against crypto scams, as an individual flipped the script on a scammer. After receiving repeated texts about their Kucoin account being hacked, this person called the scammer, leading to a surprising outcome and a $5 win.

How It Went Down

Initially ignoring the fake messages, the recipient finally called the number listed. A scammer with a British accent claimed there was unauthorized access from India. Instead of hanging up, the caller played along, claiming to have 16 BTC and 22.5 ETH in their account, which piqued the scammerโ€™s interest.

The scammer first suggested transferring only half of the ETH, but after some pushback, quickly changed his tune, urging the caller to send everything. To prolong the conversation, the individual fabricated a story about not seeing the transfer appear in their wallet.

"Could you send some money onto the Trust Wallet to check if itโ€™s working?" This line frustrated the scammer.

After a long hold, he alleged to have sent $5 to the wallet, which the recipient then transferred back to their account, enjoying the trickery.

Insights from Community Interactions

Comments from various forums revealed captivating insights. Some people suggested creative follow-ups. One commented, "If you can do this on a regular basis, start a YouTube channel. People love this content!" Another quipped, "Now invest that $5 into BTC and call him back in 5 years!"

Community Sentiments and Themes

Themes surfaced throughout community discussions:

  1. Creative Engagement: Many suggested monetizing the experience by sharing on platforms like YouTube.

  2. Earning While Wasting Time: Some individuals claimed to have made money from similar interactions, stating, "I've made about $40 by wasting their time!"

  3. Risks of Scamming Back: Though some applauded the cleverness, others raised ethical concerns, questioning if outsmarting scammers makes one a scammer too.

"I love to beat them at their own game" - A repeat scammer-troller shared.

Key Points to Consider

  • ๐ŸŽ‰ $5 gained from the scammer illustrates how deception can backfire.

  • ๐Ÿง Some commenters advised against engaging with scammers, citing serious risks.

  • ๐Ÿ“ˆ Users expressed excitement about outsmarting fraudsters, with varied views on ethical implications.

This unfolding tale serves as a stark reminder of changing dynamics within the crypto realm. As more people share their experiences and strategies against scams, they create a more informed community, better equipped to thwart fraudulent operations.

What Lies Ahead

As cryptocurrency evolves, so do the tactics adopted by scammers. The incident highlights that while a few have found creative ways to combat fraud, exercising discretion remains critical. Experts predict that increased awareness will bolster defenses against scams, especially as empowered communities pave the way for new reporting tools and methods.

Interestingly, with more people starting to talk about these experiences, one wondersโ€”how many more will join the fight against these fraudsters?