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YouTube crypto giveaway scams

scaminvestigations.substack.com

51–60 of 108 posts

Re: YouTube crypto giveaway scams

#51
How does the scam work? They restream copies of my livestreams: https://YouTube.com/RichardHeart, And put a frame around it with a send 1 coin get 2 back giveaway. It's truly sad when I receive direct messages from those who have lost their life savings. And the worst part is, usually in life, hearing about free money is an obvious warning, but in crypto, there truly is free money, and all the time. Bitcoin guys got free BCH, and if they held, BSV, and byteball, and bitcoin gold, and xlm, and xrp, and HEX. Airdrops happen all the time. So it's this weird edge case, where as stupid as send one get two back sounds, in crypto.... It's sometimes almost plausible.

Re: YouTube crypto giveaway scams

#53
I've reported these on YouTube yet they're still being recommended to me hours later. Clearly they're incapable of moderating their own platform. What's it going to take for them to start taking this seriously?

Re: YouTube crypto giveaway scams

#54
Whoever said "Traditional financial systems are rigged with fraud! Crypto solves this" RIP

Until the days people are gullible, any amount of tech doesn't solve the problem. Even worse, most people don't understand the slightest of how crypto works and will be easily rigged in crypto world!

Re: YouTube crypto giveaway scams

#55
post #54

Whoever said "Traditional financial systems are rigged with fraud! Crypto solves this" RIP Until the days people are gullible, any amount of tech doesn't solve the problem. Even worse, most people don't understand the slightest of how crypto works and will be easily rigged in crypto world!

I think you accidentally a word at the beginning of your second paragraph, but it's also worth considering that keeping people gullible and trusting is unfortunately an implicit goal of a lot of (non-scam) companies too. It's much easier to sell things to people who are easy to persuade and convince.

Re: YouTube crypto giveaway scams

#56
post #38

I find it rather irritating that the author didn't bother to describe the mechanics behind the supposed scam. A quick sample of other posts also suffer from the same lack of information.

Indeed. But this site is probably a pretty typical example of the scam: https://msnews.io/#rules I like their calculator. Very helpful.

Apparently their marks cannot multiply by 2.

Re: YouTube crypto giveaway scams

#57
post #38

I find it rather irritating that the author didn't bother to describe the mechanics behind the supposed scam. A quick sample of other posts also suffer from the same lack of information.

Indeed. But this site is probably a pretty typical example of the scam: https://msnews.io/#rules I like their calculator. Very helpful.

Holy shit. Try opening Dev tools (F12); it redirects you immediately to some random minecraft YouTube video.

They do NOT want people digging into the site, haha.

Re: YouTube crypto giveaway scams

#58
post #53

I've reported these on YouTube yet they're still being recommended to me hours later. Clearly they're incapable of moderating their own platform. What's it going to take for them to start taking this seriously?

Genuine question: Does anyone here have a good sense of how easy/hard it is to moderate a platform like YouTube? My sense is that the answer is VERY HARD, so I tend to give them the benefit of the doubt when things go wrong. But perhaps I’m being too generous. Is this something that could be prevented if YouTube just tried harder?

Re: YouTube crypto giveaway scams

#60

Lol a doubling scam. These scams have existed since MMOs began and you could trick people into giving you items/currency under false pretenses. Ironically a smart contract is probably the safest way for a customer to engage in a doubling scam.

It's hard enough for most people to read a contract written plain English. How do you expect to read one written in code?
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