#BuiltonSolayer A crypto scam is exploiting compromised YouTube accounts to promote fake cryptocurrency giveaways, targeting unsuspecting viewers. Here's what's happening [1][2]:
- *Scammers' Methods*: Hackers gain access to YouTube accounts, often through phishing or other malicious means, and use them to livestream fake crypto giveaways or interviews with fake guests.
- *Fake Giveaways*: Scammers promise viewers that if they send crypto to a specific wallet, they'll receive double the amount back. However, once the funds are sent, they're gone forever.
- *Targeted Accounts*: Scammers are targeting accounts with a mix of low- and high-follower counts, including those of prominent crypto YouTubers like Stephen Findeisen (Coffeezilla).
- *Crypto Sent*: Over $238,000 worth of crypto has been sent to scam wallets in the past 24 hours, with one wallet alone receiving $134,000.
*Safety Tips:*
- *Verify Sources*: Always verify the authenticity of giveaways or investment opportunities through official channels.
- *Be Cautious*: Be wary of unsolicited investment advice or giveaways, especially those that seem too good to be true.
- *Report Scams*: Report suspicious activity to YouTube and the relevant authorities [4].$BTC
