Bitcoin Scammers Trick 165,000 People Into Watching Fake Apple Event
Some scammers decided to cash in on the anticipation surrounding Apple’s big day.
Prior to the company’s hotly-anticipated “California Streaming” event, fraudsters launched a fake stream that appeared at the top fop of the search results (above the official Apple channel).
Roughly 165 000 users started watching an unrelated video of Tim Cook next to a bogus announcement about Apple buying 100,000 BTC and organizing a giveaway for everyone who sends a certain amount of crypto.
The channel that was broadcasting the fraudulent video has now been taken down.
YouTube often appears in hot water because of the proliferation of crypto frauds.
As reported by U.Today, the video hosting giant was sued by blockchain company Ripple for not doing enough to remove scam videos from the platform last April. The lawsuit was then settled in March.