Crypto YouTubers got scammed by malicious actors by posting unauthorized videos with text directing them to send money to a certain wallet address so let’s read more in today’s latest cryptocurrency news.
Many of the affected accounts noticed the fraudulent videos and removed them from their channels in a few minutes of them being posted. Hackers attacked a number of popular crypto Youtubers and the accounts posted unauthorized videos with text that directed the users to send money to the hacker’s wallet. Accounts that appear to have been targeted include “Altcoin Buzz, “BitBoy Crypto”, “Box Mining”, Ivan on Tech” and “the Moon” among others. The Binance smart chain wallet address that was listed on the fraudulent videos had about 9 transactions in BNB with a value of $850.
Hello again @YouTubecreators My channel was just banned in the middle of a livestream. I think it might have to do with all of the other youtubers that were hacked at the same time today. Could you check please, thanks! @YouTube @YouTube
— Richard Heart (@RichardHeartWin) January 23, 2022
Michael Gu said that his YouTube channel Boxmining posted a video without his permission:
“Luckily we caught it within two mins of the video going live and managed to delete it. By that time there were already views and comments from my community.”
He also added that he had done an internal sweep and found there were no viruses that could have given the hackers access to his account so he thinks that YouTube is responsible. One Reddit post by a user suggested that it seems as though the hackers were able to gain access to the accounts using a SIM swap scam that enabled them to bypass the two-factor authentication:
“They are all posting with a title like “ONE WORLD CRYPTOCURRENCY”. They have an address in vid and description to send your USDT/USDC/BNB/ETH to receive a new crypto called OWCY.”
Many Crypto Youtubers (including me) got hacked today – all publishing a scam video at around the same time – @IvanOnTech @aantonop @Bitboy_Crypto @Altcoinbuzzio @FloydMayweather @crypto_banter @CoinMarketCap
I have 2FA enabled. pic.twitter.com/c8z5qmJ3bT— Boxmining (@boxmining) January 23, 2022
Gu wasn’t convinced that the hack was a result of a SIM swap and he said there were no logins of his personal Google account:
“If it was a SIM swap I would lose access to my phone etc and that didn’t happen. What we noticed was on the BRAND account (which doesn’t have a login. YouTube brand accounts are connected to personal) there was a login from the Philippines. Very likely this is either a hack on YouTube side or a rogue employee. That’s how they got so many people at the same time. It’s pretty unclear what happened. I’m talking to Youtube to get to understand the matter and avoid such further breaches.”
Crypto YouTubers including us got hacked today despite of 2FA enabled. All publishing a similar scam video. pic.twitter.com/JpChDwbRgu
— Altcoin Buzz (@Altcoinbuzzio) January 23, 2022
The founder and CEO of Altcoin Buzz YouTube channel added that they noticed something was wrong when an unauthorized video was posted to their channel:
“It’s pretty unclear what happened. I’m talking to Youtube to get to understand the matter and avoid such further breaches.”
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post