YouTube Crypto Influencers Fall Victim Of Scam

 In 2021, the crypto community witnessed a tremendous rise that also led to crypto fraudsters coming out in their numbers to prey on the users of the platform. Of late, several YouTubers that capitalize on crypto content creation reported that their accounts were hacked and noticed that fraudulent videos had been put up on their channels. 

Unauthorized videos containing textual content leading viewers to transfer cash to the fraudster’s pockets were seen. ‘Floyd Mayweather’, ‘Altcoin Buzz’, ‘Ivan on Tech’,’Bitboy Crypto’, ‘Field Mining ‘,’The Moon’,’Box Mining’ amongst others are some of the YouTuber’s that had their accounts messed with by the hackers. 

A sum up of about nine deals in BNB had taken place exclusively on the address of the Binance Good Chain pockets that was stated on the videos uploaded by the hijackers as at the time this was being written, rounding up to about $850. 

YouTuber, Michael Gu from Boxmining stated that his channel had uploaded a video devoid of his permission. He also said he had been lucky enough to have seen the video about two minutes after it was posted and was able to get it deleted but by then, the video had already gained engagements, views and feedbacks from his Youtube community.  

He also made mention of having carried out an inside detection and sweeping process and found out that there were no bugs or viruses that could have made access by the hackers possible. He suggested that YouTube is to be held accountable as regards the issue. 

A Reddit user, ‘9Oh8m8’, suggested that the hackers may have attained entry to the YouTube accounts by pulling off a SIM swap scam which possibly allowed them to evade the two-factor authentication. 

However, Gu refused to accept that the hack resulted from a SIM swap; he stated that there had been no login history on his private account on Google. He said that if it had been a SIM swap, he’d have lost access to his telephone, and such never occurred.  

Shash Gupta, Founder  and CEO of the Altcoin Buzz YouTube Channel, said they observed that one thing was not right on Sunday evening at about 1 AM (Singapore time) when a video without authorization was uploaded on their channel. 

Richard Coronary, a YouTube crypto content creator, made a tweet that his channel was banned through the middle of a live stream at 9:30 PM UTC, hence suggesting that YouTube might have been aware of this event.  

Leave a Reply

Your email address will not be published.


Investors Excited As XRP Market Capitalization Hits $20 Billion

It’s been wide jubilation today after XRP investors heard the announcement that the market capitalization has surged to $20 billion. XRP: a cryptocurrency developed and managed by Ripple, a San Francisco, United States, distributed data company. It was gathered that the coin itself responded to this development through a climb in price – it was […]

GlobalTrades Review, – Is Global Trades Scam or a Good Broker?

GlobalTrades Trading Platform Rating 4.6 Summary Read our Global Trades review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is scam or legit” and much more! GlobalTrades Review As people look at cryptocurrencies and their immense success, they are eager to start their own trading businesses. While […]

Belgium Regulator Sets To Impose New Crypto Ads Rules

The Belgium government has mandated that every firm offering crypto advertisements should register with it before launching any campaign. Henceforth, any crypto advertisement without the government’s backing would be treated as an offense with heavy consequences. According to the report, the Financial Services and Markets Authority (FSMA) of Belgium recently announced that every potential crypto […]

Profit-taking on BTC Surge, As Price Breaks The $27,000 Threshold

It has just been confirmed that BTC has experienced the most extensive profit-taking activity since the last quarter of 2020. This information was obtained from data released by Santiment, an on-chain data analytics company. The released data also states that the profit-to-loss volume of the day-to-day ratio on on-chain transactions was one of the major […]

Governments Who ban Drugs Should Ban Crypto Too, Said Belgium’s Ex-Finance Minister

The former finance minister of Belgium, Johan Van Overtveldt, reportedly suggested that any country that bans drugs should also ban crypto assets. According to reports, he made the statement during the recently concluded European Parliament meeting. During the meeting, the parliament was reportedly deliberating on the effect the recent collapse of three crypto-friendly banks, Silvergate […]