Australian financial educator Scott Pape, known as the "Barefoot Investor," has tackled crypto scammers using his identity to deceive his followers. Instead of waiting for Facebook to remove fake groups, Pape engaged directly with the fraudsters, uncovering their tactics. He joined a fraudulent WhatsApp group, the "DB Wealth Institute," which promised crypto trading success. Pape highlighted the scam's three-step process: confidence, greed, and fear. He warned that the biggest losses occur after realizing the scam. Crypto scams have surged in 2024, with $2.2 billion lost, up 21% from 2023.