The famous YouTuber had his crypto-currencies stolen! The stolen money was amazing!


Popular YouTuber Scuba Jake is known for over 13 million subscribers and 1.75 billion views since his channel started in 2011. Jake’s YouTube channel was hacked and the famous youtuber has also confirmed that his channel has been hacked.

The famous YouTuber had his crypto-currencies stolen! The stolen money was amazing!

YouTuber Scuba Jake saw on September 9 that crypto scammers took over the channel and attempted to scam unsuspecting subscribers into a fake giveaway containing Bitcoin.

An analysis by Finbold, known for its financial analyses, shows that the scammers cost 1.01 BTC, which is equivalent to around $21,000 in a fake crypto lottery. The analysis relied on QR codes shared by scammers for users to scan before sending cryptocurrency.

According to Blockchain.com, the shared bitcoin wallet has recorded four transactions since its inception. The wallet received a total of 1,0107 BTC and the same amount was exchanged.

Analysis of the Bitcoin wallet of scammers. Source: Blockchain.com

It should be noted that the amount lost may be higher because the scammers may have changed wallets during the live stream. Elsewhere, analysis of the Ethereum wallet shows no transactions.

Other YouTube scams, where scammers used an old interview featuring a well-known person in crypto circles, reposted it live and introduced the fake giveaway in the news section, mirroring the scam. It is alleged that scammers prefer the live option as it offers more credibility.

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