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Cryptocurrency Scammers Hijack Popular YouTube Channels

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Hackers began to hijack popular YouTuber channels in order to run cryptocurrency-related scams over the platform. According to reports on one such a case, they got the amount of XRP worth more than $15,000.

Decrypt recently reported that Adam Jicha, a YouTuber from Czech Republic, received an email that was ostensibly offering a video-game streaming service. Shortly after, hackers broke into his gaming channel, Roth Wellden, with over 300,000 subscribers. It turned out that the email contained a keylogger.

Although Adam Jicha quickly contacted the platform, he got locked out of his account. Soon after, the hacker changed the name of the gaming channel and mosified it, so that it appeared to belong tp Changpeng Zhao, CEO of Binance. The hijacker started the livestream called “BINANCELIVE: interview with Binance CEO, Announce BTC Giveaway” from the channel. It was a scam.

Adam Jicha’s YouTube account finally appeared at a darknet market - it was put on sale for around 0.45 BTC, which is about $3,300. Fortunately, Adam managed to get his account back soon after.

But he wasn’t the only Youtuber whose account was hacked. Axxording to Forbes report, several YouTube accounts were hacked and started promote XRP giveaways. One of them managed to earn $15,000 worth of XRP.

A similar scam running late last is said to have earned 309 LTC/ A hacked YouTube channel was posing as a non-profit organization supporting the cryptocurrency.

Hijacking accounts and promoting fake giveaways were reported back in 2018, when scammers were using Twitter. It seems as that these scammers are moving to other platforms, particularly to YouTube.

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Home>World news>Cryptocurrency Scammers Hijack Popular YouTube Channels
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