Dozens of crypto YouTubers' accounts hacked in scamming attempt

Hackers attacked many Popular Crypto YouTube accounts on Jan 23. Accounts published unauthorized videos with text directing viewers to send money to the hacker's wallet.

Dozens of crypto YouTubers' accounts hacked in scamming attempt

On YouTube, many of the accounts are noticed the fraudulent videos and removed them from their channels within minutes of them being posted. 

Hackers attacked many Popular Crypto YouTube accounts on Jan 23. Accounts published unauthorized videos with text directing viewers to send money to the hacker's wallet.

YouTube accounts are targeted by the attack include 'Ivan on Tech'. 'The Moon'. 'BitBoy Crypto', Box mining, 'Altcoin Buzz' and 'Floyd Mayweather'.

The Binance Smart Chain wallet address listed on the fraudulent videos, Total 9 transactions to BNB at the time of writing, with a total worth of $850 

According to Michael Gu declared that YouTube channel Boxmining posted a video without his permission. "It within two mins of the video going live and managed to delete it." also said "there were already views and comments from my subscribers"

He describe that internal sweep and found no viruses or bugs that may have given the hackers access to his account, "Seems like YouTube might be responsible."

On of the Reddit user, "9Oh8m8" posts suggested that it appears as the hackers were able to gain access to the accounts using a SIM swap scam that would have enabled them to bypass two-factor authentication (2FA)

“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.”

Gu wasn't convinced that the hack was a result of a SIM swap. that there were no logins on his personal Google account "if it was a SIM swap I would lose access to my phone." he said.

“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 the YouTube site or a rogue employee. That’s how they got so many people at the same time.”

Shah Gupta is the founder and CEO of the Altcoin Buzz YouTube channel declared that they noticed something was amiss at around 1 AM Singapore time on Sunday night 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.”

Another crypto YouTuber Richard Heart tweeted at 9:30 PM UTC his channel has been banned during the middle of a Livestream, Indicating that YouTube was probably aware of the event. 

Read: YouTube star KSI says, Bitcoin is the future

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