Bitcoin Scammers Are Using SpaceX Footage to Swindle Crypto From Users
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Bitcoin Scammers Are Using SpaceX Footage to Swindle Crypto From Users

THELOGICALINDIAN - A new Bitcoin betray has emerged on YouTube application the name of Elon Musk and his aggregation SpaceX The video is a alive beck of a accepted SpaceX accident with Bitcoin addresses superimposed on the video allurement admirers to accelerate Bitcoin in adjustment to accompany a alive conference

Another Elon Musk Bitcoin Scam Attracts 33,000 viewers

Viewers beware—another accessible Bitcoin betray has popped up on YouTube. The betray poses as a accepted livestream, broadcasting the barrage of SpaceX Falcon 9 barrage and the appointment that preceded it.

First screengrabs of the betray were aggregate by Garry Tan, the co-founder of Initialized Capital, assuming that a QR cipher with a Bitcoin abode was superimposed on the video. The approach abaft the livestream, assuming as SpaceX, acclimated a arbiter archetype of a crypto scam—asking for users to accelerate Bitcoin in adjustment to get a adventitious to win added Bitcoin back.

The livestream admiring as abounding as 33,891 circumstantial admirers at one point, but it was cryptic how continued it lasted.

Screengrab of the Livestream video. (Source: Youtube)

Handling YouTube Scams Is a Double-Edged Sword

The above betray wasn’t the alone SpaceX themed livestream that popped up in the accomplished few days. Many associates of the crypto association aggregate screengrabs of other, about identical scams that admiring alike added viewers.

As of now, it is cryptic whether YouTube reacted to the abundant letters and abeyant the channels.

The affluence of cryptocurrency scams on YouTube has acquired abounding associates of the crypto association to lose acceptance in the platform. Reports accept apparent that abounding of these livestream scams showed up in a axial position on YouTube’s capital folio amid the best accepted alive videos.

Considering the actuality that YouTube has been anchor bottomward on creators on its belvedere that aftermath crypto-related content, the acerbity the association feels appear the aggregation becomes understandable.

Earlier this year, NewsBTC found that there were a scattering of “giveaways” captivated for every arresting cryptocurrency and crypto aggregation at any accustomed time. Some of the addresses aggregate in these scams were apparent to accept accumulated ample sums of money from biting victims.

The Youtube scams abide to get added adult day by day.