A popular YouTube channel has been hijacked with live streaming!!

[Henri Cartier]

I read the news that a Youtube channel has been hijacked alleged ask-me-anything (AMA) with Coinbase CEO Brian Armstrong. The stream was live for 12 hours on April 6, which is a scam, encouraging users to send BTC payments by giving away 5000 BTC which is non-existent.

On this occasion, somebody has managed to hack into an already established YouTube channel, TopTenz, which boasts 1.63 million subscribers. The channel has been rebranded as "CoinbasePRO English."

The stream was live using old, looped footage of Brian Armstrong answering viewers’ questions. It had a Bitcoin address and a QR code to send the amount and stated that the amount will be doubled. Of course, the one who deposits in this address would have resulted in Zero coins.

According to the Blockchain block explorer, only one transaction, with a value of 0.44 BTC has been sent to the address currently being promoted through the "giveaway." The address has only been live for 2 hours, while the two previous addresses advertised received 2.548 BTC and 4.209 BTC respectively.

This makes a total of almost 7.2 BTC stolen so far — with a value of over $51,200 at press time.

Over $50,000 has been stolen and still, they are counting. There is no exact count as of now.


Note: Daily we are seeing these kinds of news and we are aware of the impact. But still few people are falling into the trap and losing their coins. It's just a reminder to those who are believing this kind of scams.


Source: Bitcoin Scam on YouTube Masquerades as Coinbase CEO AMA

[aioc]

This is not the first time it happens and it's still ongoing and why these popular Crypto channels only there are a lot of popular channels on other niches, the owner's account is not well secured considering that they have hundreds of thousands or millions of subscribers, people should do diligent research before taking the offer.

[bL4nkcode]

This is not the first and probably would not be the last, if these youtube account owners didn't do as much for their account's security, more youtube channels will become like this. Of course, those who people who doesn't know about this scheme, will be the victims as always.

[TalkStar]

The stream was live using old, looped footage of Brian Armstrong answering viewers’ questions. It had a Bitcoin address and a QR code to send the amount and stated that the amount will be doubled. Of course, the one who deposits in this address would have resulted in Zero coins.

In this way hackers are taking advantage of massive subscribers of that youtube channel. Among 1.63 million subscribers they are easily getting a good amount of people who have Knowledge about bitcoin investment. Its quite hard to stop them if channel owners don't claim report to youtube authorities about the hacking incident. In every hour their footage will get more audience and hackers wallet will continiously get deposit from some subscribers who have greedy behaviour of making easy money.

I am seeing from my end that video has already been removed by youtube authority and maybe no one will put their foot on that trap again.