Bitcoin veteran techniques crypto fraudster into knowing Lightning

There’s poetic justice to fraudsters getting beat at their own video game. A cryptocurrency fraudster fulfilled their match when attempting to technique Bitcoiner Felix Crisan into sending them Tether (USDT).

The fraudster attempted to impersonate John Carvalho, the CEO of Synonym, a Bitcoiner Cointelegraph frequently mentions. The fraudster, who we will call “Fake John” from now on, desired Crisan to send out USDT, however Crisan, who’s been getting and discovering included with Bitcoin (BTC) for practically a years, had other concepts.

In short, Crisan, primary innovation officer of Netopia Payments, encouraged the fraudster to set up a Lightning Network (LN) wallet, as he just handles “LN assets.” So, Fake John set up a Bitcoin LN wallet,Blue Wallet However, rather of sending out Fake John the cash, Crisan sent out a message stating “Eat shit you fucking scammer!”

Justice was appropriately served– all while supplying a totally free lesson in how to utilize Bitcoin LN.

On the other hand, it does raise concerns regarding whether Fake John will continue scamming individuals now with Bitcoin LN addresses at their disposal.

The Bitcoin Lightning Network is a fast-growing near-instant layer-2 payment network developed on top of the Bitcoin base chain. It’s brought developments such as a fast method to put a pint, while the abovementioned (genuine) John Carvalho is constructing his business on Lightning in collaboration withTether

Crisan informed Cointelegraph that he “constantly get DMs shilling one investment scheme or another.” Prudence and preventative measure are essential when negotiating and engaging online: Scammers, bots and cryptocurrency shills are prevalent on social networks platforms, such as Twitter, while malware bots can often disrupt wallet addresses to take Bitcoin.

In regards to pursuing and possibly capturing the miscreant, Crisan stated that “if the scammer opened a channel with this node, then it would be possible. But there are also services that offer sort of on-demand channel creation, so that’s not a very reliable method.” However, eventually, “only the node operator would be able to do this enhanced tracing.”

It’s not Crisan’s very first time playing techniques on fraudsters. In 2019, he outmaneuvered a Bitcoin illiterate fraudster into sending out 21 million (and one) Bitcoin to their address. Bitcoin has a difficult cap of 21 million Bitcoin, so the fraudster plainly requires to do some research.

The above Tweet thread explains that some fraudsters are misleaded at finest, while Bitcoin requires more individuals likeCrisan

Related: ‘How I met Satoshi’: The objective to teach 100M individuals about Bitcoin by 2030

Asked whether Crisan had any guidance to show cryptocurrency and web users confronted with an apparently continuous risk of rip-offs, Crisan informed Cointelegraph:

“Avoiding scams should always stem from a common history with the requestor — i.e., to determine if they are who they claim they are — to ask for a common reference. (Yesterday, this type of question was the first I asked this scammer, and the response almost confirmed that he’s not John.)”


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