• Home
  • News
  • About
  • Contact Us
Newsletter
Cryptoinsiders24.Com — news about the cryptocurrency market
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
Cryptoinsiders24.Com — news about the cryptocurrency market
No Result
View All Result
Home News

Bitcoin veteran tricks crypto scammer into learning Lightning

Kevin Whitley by Kevin Whitley
September 28, 2022
in News
0
Bitcoin veteran tricks crypto scammer into learning Lightning
3
SHARES
20
VIEWS
Share on FacebookShare on Twitter

A Bitcoiner called Felix Crisan outfoxed a crypto scammer, getting them to set up a Bitcoin Lightning Wallet before putting them in their place.

There’s poetic justice to scammers getting beat at their own game. A cryptocurrency scammer met their match when trying to trick Bitcoiner Felix Crisan into sending them Tether (USDT). 

The scammer tried to impersonate John Carvalho, the CEO of Synonym, a Bitcoiner Cointelegraph regularly cites. The scammer, who we will call “Fake John” from now on, wanted Crisan to send USDT, but Crisan, who’s been learning and getting involved with Bitcoin (BTC) for almost a decade, had other ideas.

Related articles

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024

Today I’ve convinced a scammer to install a Lightning Network wallet. BTW @BitcoinErrorLog there’s someone impersonating you on Telegram pic.twitter.com/Qd0I9pAney

— felix crisan (@fixone) March 23, 2022

In brief, Crisan, chief technology officer of Netopia Payments, convinced the scammer to install a Lightning Network (LN) wallet, as he only deals with “LN assets.” So, Fake John installed a Bitcoin LN wallet, Blue Wallet. However, instead of sending Fake John the money, Crisan sent a message saying “Eat shit you fucking scammer!”

Justice was duly served — all while providing a free lesson in how to use Bitcoin LN.

On the other hand, it does raise questions as to whether Fake John will continue scamming people but now with Bitcoin LN addresses at their disposal.

The Bitcoin Lightning Network is a fast-growing near-instant layer-2 payment network built on top of the Bitcoin base chain. It’s brought innovations such as a quick way to pour a pint, while the aforementioned (real) John Carvalho is building his company on Lightning in partnership with Tether.

Crisan told Cointelegraph that he “constantly get DMs shilling one investment scheme or another.” Prudence and precaution are key when interacting and transacting online: Scammers, bots and cryptocurrency shills are commonplace on social media platforms, such as Twitter, while malware bots can sometimes interfere with wallet addresses to steal Bitcoin.

In terms of pursuing and maybe catching the miscreant, Crisan said 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, ultimately, “only the node operator would be able to do this enhanced tracing.”

It’s not Crisan’s first time playing tricks on scammers. In 2019, he outsmarted a Bitcoin illiterate scammer into sending 21 million (and one) Bitcoin to their address. Bitcoin has a hard cap of 21 million Bitcoin, so the scammer clearly needs to do some homework.

1/ I spent some time today trolling a scammer. At one point I was “ready” to send him 21mil BTC to “trade”. He was being considerate, though, only wanting 100k pic.twitter.com/4sxgf0d4DI

— felix crisan (@fixone) July 7, 2019

The above Tweet thread makes clear that some scammers are misinformed at best, while Bitcoin needs more people like Crisan. 

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

Asked whether Crisan had any advice to share with cryptocurrency and internet users faced with a seemingly constant threat of scams, Crisan told 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.)”

Share1Tweet1

Related Posts

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

by jane
May 11, 2026
0

The Markets in Crypto-Assets Regulation (MiCA), which took full effect on 30 December 2024, introduced a single, EU-wide rulebook for...

Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

by jane
March 12, 2024
0

The crypto space is a land of opportunity, but it's also riddled with potential pitfalls. Sponsored content can be a...

Bitcoin’s Remarkable Surge: What’s Behind It?

Bitcoin’s Remarkable Surge: What’s Behind It?

by Loretta Williamson
October 25, 2023
0

Bitcoin is once again making headlines as it surges past the $35,000 mark, reaching a level not seen since May...

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

by Loretta Williamson
October 18, 2023
0

In a day marked by shifting tides in the cryptocurrency market, Bitcoin (BTC) has once again asserted its dominance, outperforming...

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

by Loretta Williamson
October 12, 2023
0

Blockchain-Based Tokenized Collateral Network Settles First Trade, Revolutionizing Asset Utilization JPMorgan, a major player in the U.S. banking sector, has...

Load More
  • Trending
  • Comments
  • Latest
The Cause Behind Ethereum’s (ETH) Significant Price Drop

The Cause Behind Ethereum’s (ETH) Significant Price Drop

June 29, 2023
Soulbound Tokens: Social credit system or spark for global adoption?

Soulbound Tokens: Social credit system or spark for global adoption?

September 28, 2022
Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

September 28, 2022
Play-to-Earn vs. Move-to-Earn explained

Play-to-Earn vs. Move-to-Earn explained

September 28, 2022
Russian tech and political executives denounce crypto ban proposal

Russian tech and political executives denounce crypto ban proposal

0
Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

0
Bank of Korea completes first phase of digital currency pilot

Bank of Korea completes first phase of digital currency pilot

0
No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

0
Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

June 14, 2024
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024
Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

March 4, 2024
Cryptoinsiders24.Com — news about the cryptocurrency market

cryptoinsiders24.com offers original coverage of the global blockchain and cryptocurrency news, provides opinions, reviews, guides, introduces.

Categories tes

  • News
  • Uncategorized

Tags

bitcoin blockchain nft OnlyFans

Contact us

[email protected]

  • Home
  • News
  • About
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • News
  • About
  • Contact Us

cryptoinsiders24.com © 2022.