Strange XRP Youtube promotion, scam?? Be alert.

[JeromeTash]

I find it strange that Ripple has an official YouTube channel, and even stranger that it was hacked. I mean, a company with dedicated security departments can't protect its YouTube account from hacking? Is there any confirmation that these accounts are actually Ripple's official accounts? I don't think so. If they were, the company itself would have at least issued a clarification statement to avoid becoming silently complicit in the scam.

Whether these accounts are owned by Ripple or not, it's always best not to rely on social media as a reliable source, especially when it comes to investment advice. It's a good idea to post this here to spread the word.

It turns out it was a copy cat of the official ripple channel. I think the scammers hacked into a verified YouTube account and changed the username to something similar to ripple as someone pointed out. They even have video uploaded from about a year ago. I am not sure how they pulled that off

But I have reported the channel. Let's see how fast YouTube can act.

Ah ok, gotcha. I never use Binance and just found it a bit odd this was on their site. But if anyone can post nonsense like this on their site it's quite alarming.

That's what happens in platforms where people are allowed to shill their shitcoins and other shady services and there is no proper moderation

[The Cryptovator]

What the hell, Binance won't write such an article. You know anyone could make a post on Binance Square, so it's a scammer who wrote this post. Don't believe anything written by a scammer. Even from an official account, make a post about double return; just ignore it. Any team won't offer such things; they might do a giveaway or an airdrop that should be free. Any real coins team will not offer you a double scheme. Just don't be greedy and don't fall for such a scam.

Actually, a scammer won't scam you unless you help them. Hacking is a different chapter; they might hack some other way. But scammers need to direct your help. You are the one who is sending funds to the scammer. And later you cry. So just be careful of such offers.

[CroverNo01]

it certainly does seem like a classic scam

is no one from youtube reporting this? i am pretty sure that this is violating some rules from youtube guidelines

and i hope no one actually falls for this though i know some people who are vulnerable enough can fall for this and end up losing money and end up blaming ripple

The high level of scams on social media keep increasing and there's definitely no limits when it comes to defrauding people of their hard earn money in the space. These frauds doesn't seem to pull any strings in my direction because it's been classical thing for me, I know the basis and how to approach the market. I'm certainly not failing for any cheap scam again, funny how to spot them so easily.

Youtube is a good platform but with the level of scams tagged, I do think the system will do everything within their reach to reinforce their stats back ontop. It's never a good news to see one's platform been labeled on the top list for scams, that's definitely no good name.

[lixer]

What most bothers my mind of how easily those hackers seem to be able to break into those accounts security, specially since we are talking about accounts which belong to cryptocurrency companies and projects and would be protected with all security measures available, from double authentication or even biometric access if possible.

You got a point there but maybe there is an inside job that happened here? Again this is the product of greed or maybe misunderstanding of one of their teams to the other. So this is like their way or revenge to damage the reputation of the company but it can be less effective since people will only think that they got hacked.

Unfortunately, there will be people gullible enough to send their funds to those scammers believing it is an actual opportunity to double their money, only because the account indeed belongs to ripple.

I think these are the people who are still new on these schemes but they can always verify it and avoid the danger. If not, they are only paying for their lesson. I see that 100 XRP is the minimum to this scam giveaway. 100 XRP is like over $200. That isn't cheap, so it is definitely an expensive lesson for those who got tricked by it.

[Hispo]

What most bothers my mind of how easily those hackers seem to be able to break into those accounts security, specially since we are talking about accounts which belong to cryptocurrency companies and projects and would be protected with all security measures available, from double authentication or even biometric access if possible.

You got a point there but maybe there is an inside job that happened here? Again this is the product of greed or maybe misunderstanding of one of their teams to the other. So this is like their way or revenge to damage the reputation of the company but it can be less effective since people will only think that they got hacked.

Unfortunately, there will be people gullible enough to send their funds to those scammers believing it is an actual opportunity to double their money, only because the account indeed belongs to ripple.

I think these are the people who are still new on these schemes but they can always verify it and avoid the danger. If not, they are only paying for their lesson. I see that 100 XRP is the minimum to this scam giveaway. 100 XRP is like over $200. That isn't cheap, so it is definitely an expensive lesson for those who got tricked by it.

I personally doubt this is the result of a inside job from within the company, I lean towards the possibility of one of their employees getting fished and hackers getting access to the social media of the company so they can pull this scam off.
Also, the minimum amount to send to scammers is indeed a very expensive lesson, specially for someone who is new enough within the world of cryptocurrency to fall for something like this... I have seen people losing thousands of dollars and even tens of thousands (during the disaster of Terra-Luna), but those were rather experimented users who were seeking for yield of their savings, this is different, this is the classical scam how runs thanks to the overwhelming greed of some investors who cannot tell when something is to good to be true and stay away from it.

[AHOYBRAUSE]

The scammers now moved on to solana, guess the already got enough XRP. It amazes me that Youtube won't ban this crap in time, it's even a paid ad basically since it appears as "sponsored".



Seems like these scammer also buy endless subscribers to look legit. This account has like 265k subs, that7s a lot. So people can easily be tricked thinking this is a legit solana youtube account. Maybe it even is, just scrolled down and it has so many old videos.



https://www.youtube.com/@SolanaFnd

Obviously it's still a SCAM , same video style, same way to scam (send 1sol -> receive double), same music even.

[Dave1]

The scammers now moved on to solana, guess the already got enough XRP. It amazes me that Youtube won't ban this crap in time, it's even a paid ad basically since it appears as "sponsored".

Seems like these scammer also buy endless subscribers to look legit. This account has like 265k subs, that7s a lot. So people can easily be tricked thinking this is a legit solana youtube account. Maybe it even is, just scrolled down and it has so many old videos.

Obviously it's still a SCAM , same video style, same way to scam (send 1sol -> receive double), same music even.

Yeah, thanks for the update, I thought that Youtube has put down this kind of contents already as they have been called for before specially around 2021-2022 when there are a lot of this kind of stuff going on their platform.

I think they did some cleanup, however, it seems that the scammers are back again with this same kind of scams.

So thank you for bring this up again in the community and hopefully that no one falls for this trap.

[tygeade]

I thought that Youtube has put down this kind of contents already as they have been called for before specially around 2021-2022 when there are a lot of this kind of stuff going on their platform.

I think they did some cleanup, however, it seems that the scammers are back again with this same kind of scams.

So thank you for bring this up again in the community and hopefully that no one falls for this trap.

They can never "stop" this from happening, they can just ban it afterwards. Basically like cops, you can't prevent crime being committed, not likely in 99% of the cases, but you can catch the criminal and put them in jail. Same thing happens here, these scammers do what they want to do, and then youtube bans them which is what we should be looking forward to.

If you can do that then you are going to make a much better profit and you should be getting a greater care when you see these ads. Know that nobody will give you free money, specially not when they ask you money. There is NO scenario in the world where you would send someone money where they send you more, that alone should tell people how this is actually a scam and not a real thing and they should avoid it.