Hijacked YouTube Accounts Promote Crypto Scam Using Bill Gates
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Hijacked YouTube Accounts Promote Crypto Scam Using Bill Gates

THELOGICALINDIAN - On Monday it appeared that Bill Gates was announcement a broadly acclaimed crypto betray on several YouTube alive alive videos that seemed to be appear on Microsofts official channels

Hackers Hijack YouTube Accounts, Rename to Microsoft Brands

ZDNet reported bygone that a hacker had taken ascendancy over dozens of YouTube accounts, renamed them to reflect Microsoft brands, and answer a Ponzi scam. The botheration was that the hijacked accounts had tens of bags of users. The broadcasting videos displayed Microsoft above CEO Bill Gates, who was allegedly acknowledging a cryptocurrency scam. However, this was not the case.

The tech account armpit said that hackers ability accept burst into added than 30 YouTube profiles. The video alive showed an old Bill Gates accent which the billionaire delivered aftermost year at Village Global, which was manipulated to actualize the consequence that Bill Gates was announcement the scam, back in actuality he wasn’t.

YouTube users could see an angel of the philanthropist absorbed to the crypto betray on accounts with names like Microsoft Europe, Microsoft US, Microsoft News, and others. However, both Microsoft and YouTube denied that any of the company’s 18-carat official accounts had been affected by hackers.

Nevertheless, users appear that the betray videos showed up on non-verified Microsoft accounts. The majority of streams aired on channels with abounding subscribers. The alone account is that hackers hijacked assorted accounts and renamed them by introducing assorted Microsoft brands.

Some of the Bitcoin addresses showed in the video streams had already accustomed bags of US dollars. This proves that abounding admirers were bamboozled by the scam.

Similar Crypto Scam Uses the Image of CZ Binance

We additionally spotted a video of that alternation today, admitting it had alone several dozens of views. The approach has over 1,000 subscribers. The video shows an old Bill Gates interview, but there is additionally a articulation on the screen.

Following the link, it leads to a Medium commodity that was allegedly acquaint by Binance CEO Changpeng Zhao (CZ). Again, this is addition archetypal crypto betray advised to abduct funds from biting victims.

Scams like this advance a crypto betrayal in which bodies accept to accelerate a baby sum of cryptocurrency in adjustment to bifold or amateur their earnings. Obviously, they get annihilation in return.

Last week, Ripple CEO Brad Garlinghouse demanded YouTube should able bottomward on scammers application his name and angel to advertisement an XRP-based scam.

Have you encountered scams like these on YouTube? Share your acquaintance in the comments section!

Images via Shutterstock, Medium, YouTube