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They Stole $ 160K Bitcoin Using the Name of Elon Musk

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They Stole $ 160K Bitcoin Using the Name of Elon Musk

Scams create YouTube streaming streams by highlighting Elon Musk and other well-known names. More than 16 BTCs were collected with these broadcast streams.Ivan Tikhonov, the founder of Russia-based Bits.media, warned Facebook followers against sending Bitcoin during YouTube streams, imitating Elon Musk, Bill Gates and other accounts with many subscribers.

Scammers offer fake giveaways to steal BTC from users.Tikhonov stated that during one of the fake streams mimicking SpaceX, where Elon Musk appeared, fraudsters managed to collect more than 16 BTC.

Scammers Seize Celebrity YouTube Channels

In a recent Facebook post, Ivan Tikhonov wrote about his latest cases when hackers have captured popular channels on YouTube to direct their subscribers to send cryptocurrencies.

Bits.media founder said that fraudsters have accessed these channels through an attachment filled with Trojan horse infected by victims.Scammers personally target each YouTube user and take over their accounts. “The subject of the channel is not important,” says Tikhonov, emphasizing the presence of a large number of subscribers that are important.

According to Tikhonov, bad actors change the channel’s name, delete the broadcast videos, and launch fake live streams and announce crypto gifts.They ask spectators to contribute their wallet between 0.1 and 20 BTC. In turn, fraudsters promise to send back twice the amount of BTC .

The big scale of fraud

The Russian entrepreneur says SpaceX, which released a screenshot of one of the fake streams, released Falcon 9 and Crew Dragon.

Fraudsters only managed to earn more than 16 BTC from this stream. Numerically, its value is exactly 160 thousand dollars.

The address they use to raise money is 1Musk1ooxNZY3hene1rjqkT3UV1KQXYC49.

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