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YouTube crypto giveaway scams

scaminvestigations.substack.com

91–100 of 108 posts

Re: YouTube crypto giveaway scams

#91
post #57
post #38

Earlier quoted context omitted.

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.

It's using console-ban: https://github.com/fz6m/console-ban

It's easy enough to work round in uBlock - just add:

    ||cdn.jsdelivr.net/gh/fz6m/console-ban@3.2/dist/console-ban.min.js
as a filter.

Re: YouTube crypto giveaway scams

#92
post #32

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.

Nothing complicated. It's the usual "send us btc/eth to get double back" scams. The substack has other posts that have more context. https://scaminvestigations.substack.com/ Screenshot: https://old.reddit.com/r/ethereum/comments/n49iye/scam_sent_...

Crypto holders can get on EVE Online a free hands-on crash course on currency scams.

Re: YouTube crypto giveaway scams

#93
post #67

Earlier quoted context omitted.

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?

YouTube could at least make it harder for scammers by not promoting streams through the algorithm or at least not showing them unless there's a subscription. I would also argue that they shouldn't just give everybody the ability to livestream at first given how many of the scammer accounts are new. That strikes me as a common sense solution. If both were implemented I suspect these sorts of scams would no longer be w…

>I would also argue that they shouldn't just give everybody the ability to livestream at first

They don't. You have to verify your channel first using a phone number.

Re: YouTube crypto giveaway scams

#94

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.

I am trying to find more information such as how they obtain the livestream views or how they hack the twitter accounts. Hundreds of articles have been written about this but no insight as to where the livestream views come from. Are the livestream from proxies or some sort of browser hijack. Also, almost everyone by now is aware of the scam given all the news coverage it over the past few years, so I don't see the n…

I’m guessing Discord server hijacking is also a source. There are hundreds of crypto servers that are full of spam (they advertise as pump n dump) and people constantly fall for them.

Re: YouTube crypto giveaway scams

#95

So, when do enough scams on people choosing to participate go from being their problem, to society's problem? And when do we all start to have to pay for this at some point? Because I have a feeling we will, even though I have no idea why.

For example, drugs have a systemic effect on society, but crypto losses generally do not, so the reluctance to crack down on crypto scams unlike other crimes. Someone sending $50k to fake Saylor is not like 50k in the pockets of narco gangs.

I think the same would apply about casinos and gambling, yet those have had to be regulated in the public interest.

Re: YouTube crypto giveaway scams

#96

Earlier quoted context omitted.

Are you just trying to say the smart contracts can have bugs in general? It's trivial to write a bug free money doubler smart contract. The logic needed is VERY simple.

If somebody is smart enough to verify that a smart contract does what it says on the tin, they should be more than smart enough to realise that crypto doubling is always going to be a scam.

The idea is that it is possible to set up an actual doubler smart contract that is not a scam. Sure it's not profitable to do, but it is a little funny.

Re: YouTube crypto giveaway scams

#97
post #76

Earlier quoted context omitted.

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?

Here's an easy solution: only allow people who have proven their identities to have videos promoted by YouTube's algorithms, so they can be held legally liable if they publish videos that break the law

Then people will complain the recommended videos are not as related as before and/or they only promote corporate entities who will verify

Re: YouTube crypto giveaway scams

#98
99% of crypto enthusiasts are in the game because they think it's a get rich quick scheme. It's only natural that a significant subset of them would be attracted to such scams.

Re: YouTube crypto giveaway scams

#99
post #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?

To me, this (together with the fact that software will always have bugs) is why smart contracts are a very bad idea.

Re: YouTube crypto giveaway scams

#100
post #32

Earlier quoted context omitted.

Nothing complicated. It's the usual "send us btc/eth to get double back" scams. The substack has other posts that have more context. https://scaminvestigations.substack.com/ Screenshot: https://old.reddit.com/r/ethereum/comments/n49iye/scam_sent_...

Crypto holders can get on EVE Online a free hands-on crash course on currency scams.

Or Runescape haha
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