YouTube Bitcoin Evangelist Gives Crypto Scammer Taste of Own Medicine

Tony "The Bull" Severino

5 years ago

3 mins read

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Bitcoin is a powerful technology and movement. It stands for freedom and the crypto was designed to be decentralized so no single actor or party could ever control it. The idea of removing control from the governments and banks, while simultaneously being a breakthrough in bringing money into the digital age, has caused many to pledge a religious-like belief in Bitcoin, and work hard – just like early Christian evangelists – to spread the word about Bitcoin and educate the masses on why it is special.

One of those evangelists, a Bitcoin YouTube influencer and educator, was recently the target of a crypto scammer. The YouTuber, however, was able to recognize the scammer’s intentions and turned the situation around – resulting in the scammer losing some of their own Bitcoin in the process and the funds being rerouted to charity.

Crypto Scammer Ends Up Inadvertandly Donating Funds To Venezuelan Charity Thanks to Bitcoin YouTuber

Ben Perrin, the host of YouTube channel BTC Sessions and marketing director at Bull Bitcoin, is ” Canada’s most popular YouTube Bitcoin educator,” spreading the good word about the crypto asset since 2016. Since then he’s amassed a following of well over 30,000 subscribers and over 2.5 million views across his YouTube content.

His passion for Bitcoin has made him a notable figure in the crypto space, however, his public-facing popularity and involvement with the digital financial technology made him a target of a crypto scammer hoping to steal the Bitcoin he loves so dearly. But because Perrin is well-versed in crypto as a technology he was able to turn the tides on the scammer and give them a taste of their own medicine.

“This morning I awoke on a beautiful holiday Monday in Canada to a message from a clear scammer, promising me untold fortunes if I just bestow some of my Bitcoin upon them,” Perrin explains. The YouTube influencer says from there he used a mix of photoshop, random blockchain transactions, and “social engineering” to teach the scammer a lesson they won’t soon forget.

The scammer had offered to double Perrin’s Bitcoin investment within a day, and Perrin used normal skepticism to his advantage. He pretended to have received a similar offer from another person, who sent a “test” transaction to prove that what the person was offering was legitimate. He further backed up his story using the aforementioned blockchain transactions and photoshop to give validity to his claims.

The scammer gave in, and sent Perrin $50 of Bitcoin that he then informed the scammer he would be keeping and donating to Bitcoin Venezuela, a charitable foundation aimed at helping Venezuelan citizens rely on Bitcoin over their native fiat currency, the bolivar – a currency that’s value has dropped so significantly, it’s nearly worthless, and its value only continues to fall.

In the end, the Bitcoin evangelist taught a scammer a valuable lesson, all while supporting an important cause. The crypto community could use more individuals like Perrin to drive the industry forward into a positive light, taking out the criminals tainting the digital asset class along the way.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.