Who is behind all the YouTube crypto give away scams and why are they not being actively addressed?
Anyone who hasn't been sleeping under a rock in the last few months is well aware that a crypto scam epidemic is currently plaguing YouTube, Facebook and other popular social media platforms. What is even more unnerving is the length in which these scams have been allowed to carry on for. If you watch any popular crypto influencer's YouTube channel, you will be sure to be inundated with commercials perpetrating these scams.
Although there has been some outcry as of late from these influencers to their audience for them to be weary of these scams, these people have continued to produce content that has been paid for by these scams and continue to do so. You would think if these individuals truly cared about their audience, they would retool or look for different ways to monetize their content, until the scams have been addressed, but it doesn't look like that is going to happen anytime soon.
With this being said, in my mind, here are some of the possible culprits behind these scams and furthermore, some reasons behind why many of these social media platforms have done little to nothing to circumvent them.
PHISHING SCAMS
In many cases scams mature and evolve over time. Originally, we had the live stream crypto giveaway scams that usually took place on a YouTube channel that was hijacked unbenounced to its original owner. Usually these live streams lasted a hour or two, before the alarm bells were triggered and the live stream was shut down. In one case a Youtuber David Damasceno with almost 2.5 million followers actually fell victim to a phishing scam, which in turn gave the hacker, full access to his youtube account.
DARKWEB AND HACKED ADSENSE ACCOUNTS
If you have ever spent any time on the darkweb, you know that it is a great source for stolen personal information. One of these items that is readily available is stolen ADSENSE accounts. Considering that the application process for google adsense is fairly substantial, this isn't simply a case of people using fake names and addresses to set up these accounts in which this new wave of crypto give away ads are being perpetrated on. Though there is some onus on google to address some of the underlying holes in their architecture, once again it comes back to human error and negligence being the greatest culprit of all these scams.
SO WHO IS BEHIND ALL THIS ?
From what I have researched and what we have seen as of late with the recent teenage hacking group out of Florida being responsible for one of biggest crypto giveaway scams ever perpetrated on Twitter and the internet, that the demographics from which these people stems from is equally distributed. No this isn't a byproduct of North Korean hackers, no this isn't Putin trying to stack as much crypto as possible in anticipation for the US dollar crash. This is simply a byproduct of a select segment of the population that has a deep and profound understanding of networks, computer language and furthermore, human nature. Sadly, you would think that these people who be using their abilities to help society, but this doesn't seem to be the case.