Scammers Exploit YouTube Channels

🔴Cybercriminals are hijacking old YouTube channels with a history of crypto-related content to promote fake trading bots. According to SentinelLABS, victims have lost hundreds of thousands of dollars — with total damages exceeding $939,000 in Ethereum. The scammers disguise malicious code as a helpful earning tool, but in reality, it gives them full access to users’ funds.
🔴Analysts warn that these attackers are using AI to create professional-looking videos and actively manage comment sections by deleting criticism and planting fake reviews. Experts urge caution with any “get-rich-quick” promotions and recommend thoroughly vetting every tool before use.