Elon Musk Bitcoin Scam Promoted by Most-Watched Tech Channel on YouTube

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Alex Dovb­nya

Linus Tech Tips hacked in order to pro­mote Bit­coin give­away scam with Elon Musk

The most pop­u­lar tech­nol­o­gy-relat­ed YouTube chan­nel, Linus Tech Tips, has been hacked to pro­mote a cryp­tocur­ren­cy give­away scam with Tes­la CEO Elon Musk.

The chan­nel, which has over 15 mil­lion sub­scribers, was stream­ing two live “BTC” scam videos, accord­ing to cyber­se­cu­ri­ty firm SOS Intelligence.

Scam­mers typ­i­cal­ly hack YouTube chan­nels to show live streams with fake celebri­ties like Elon Musk, ask­ing view­ers to send cryp­tocur­ren­cy in exchange for a chance to win a big­ger prize.

This type of scam has become increas­ing­ly preva­lent in the cryp­to com­mu­ni­ty, with scam­mers lever­ag­ing the pop­u­lar­i­ty of high-pro­file fig­ures to trick view­ers into send­ing them money.

Linus Tech Tips was found­ed by Cana­di­an vlog­ger Linus Sebas­t­ian in 2008 and includes tech­nol­o­gy reviews, tuto­ri­als and news.

The chan­nel has built a loy­al fol­low­ing over the years and has been a go-to source for many tech enthu­si­asts look­ing to learn about bleed­ing-edge tech products.

Upon dis­cov­er­ing the hack, Linus Tech Tips imme­di­ate­ly addressed the inci­dent, stat­ing that they are “on top of it” with the Google team and are hop­ing to “hard­en their secu­ri­ty around YouTube accounts and pre­vent this sort of thing from hap­pen­ing to any­one in the future.”

The inci­dent high­lights the impor­tance of online secu­ri­ty, par­tic­u­lar­ly in the cryp­to space, where hack­ers are always look­ing for new ways to exploit vulnerabilities.



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