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Cryptocurrency Cointelegraph

To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters

A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters

A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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