Hacking a chain of leading YouTube channels and promoting a scam video related to cryptocurrency


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Earlier yesterday, a mysterious video titled “One World Cryptocurrency” was spread across many popular crypto and financial channels on YouTube without the permission of the channel owners.

The video contains a scam of the promise of a financial gift.

Fraud video:

The minute-long video promotes a new digital currency built on the Binance BSC blockchain supposedly called “One World Cryptocurrency” and stands for the digital currency as: “OWCY.”

The pre-sale price was set at “0.0001” (no unit of account provided).

The video lists a number of cryptocurrencies from which investors can purchase the newly marketed digital currency, including USDT, USDC, BNB, and ETH.

In the video, there is an explicit claim that OWYC will be listed on both CoinMarketCap and CoinGecko.

The Binance BSC and Ethereum blockchain addresses have been made available to buyers to purchase the new coin.

According to BscScan and EtherScan, neither address has made just a few hundred dollars so far.

Giveaway scams are rampant in the crypto space, thanks to the anonymity and irreversibility that blockchain transactions offer.

These same characteristics have made them popular tools for ransomware attacks.

Some of these scams were more profitable, including a fake scam related to “Michael Saylor” that raised $1.1 million last week, which we discussed in Bitcoin Arabs.

Several Twitter users reported that the fraudulent video randomly appeared in their YouTube feeds from unexpected stickers.

One of those affected was the “Coin Bureau” channel, a crypto-focused YouTuber with nearly 2 million subscribers.

He told his followers in a tweet:

Our YouTube channel has just been hacked.

The creator claimed that all of his accounts are secured with strong passwords and security keys, and called on YouTube to address the issue.

Dozens of other YouTubers have been affected, including Real Vision, Ivan on Tech and Bitboy Crypto.

Most of them have since removed the video from their channels.

Read also:

Exploit the OpenSea platform and get “Bored Ape 8924” at a discount of 92% from its original price

Report: Bitcoin whales have been actively selling their holdings in the past hours

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