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    Author Topic: When your kid talk about Bitcoin don't assume it's all good  (Read 1173 times)
    DanWalker
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    July 18, 2025, 08:05:12 AM
     #121


    Why did you decide that fraudsters accepting Bitcoin at a centralized exchange address would register an account in their own name? I don't think they are that stupid. Most likely, they buy ready-made accounts on OTC and simply use them to withdraw money to clean wallets. Personally, I don't think that a victim of fraud would report the incident to the exchange's technical support, and the security system would have time to block the funds within 10-20 minutes. Maybe some scammers aren't very smart, but if they're involved in fraud, their victims are even less smart.

    If scammers are not smart, how can they scam others? How can they make people believe in them and take away their property? Clearly, many scammers may not be very intelligent, but they are not stupid if they succeed in deceiving others.

    If I remember correctly there are a lot of centralized exchange account buying and selling groups on Telegram as well as a lot of people offering KYC rental services at very affordable prices. It's not hard to find those things and I don't think scammers are stupid enough not to know them.

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