Double your money crypto scams
Crypto giveaways proliferate on YouTube Live
Scammer are using old clips of well known individuals in the crypto space (e.g. Elon Musk, Michael Saylor, Chamath Palihapitiya, Vitalik Buterin, Catherine Wood etc.) talking about Cryptocurrency.
The video is real and shows as ‘Live’ on YouTube - however it is just a recorded video that has been hijacked and overlayed on the side with tantalising crypto offers such as ‘double your money’ - they have created fake websites with names likes :
2022ark-invest.net
2022Tescla.org
2xark.com
2xmusk.io
Arkinvest22.net
Arknow.org
Cham-event.com
Coin-ada.com
Deptesla.com
doublediamoncoinico.lantcing.com
doublediamoncoinico.lantcing.com
doubletesla22.com
Elongive22.org
ElonNew.com
Elontoday.org
ethfound2021.org
GetXPR2021.com
Gift-ark.net
MS-bitcoin.org
MS-gives.org
Musk-2X.net
Musk-crypto.org
Musk-official.net
Musk-Space.com
Shib2021.org
SpaceX-BTC.com
Spacex-musk.org
Teslabtc22.com
Twittergift.info
Twittergive.net
TwitterGive.org
x2chappelle.com
x2-elon.org
x2-shiba.org
where they ask you to send an amount of crypto to a specified public address and they will promise to send you double the funds back to your own public address - it sounds too good to be true and of course it is a scam - they will never send you double your money back and they will keep your original ‘investment’!
It seems odd that YouTube do not seem to be doing much to stop this scam - if you search for say ‘Elon Musk’ on YouTube and then filter by ‘Live’ - you will find dozens of supposed YouTube Live vidoes where Elon is talking about crypro - they often choose really informative/interesting interviews - however as clever as Elon Musk is with his fancy electric cars and rockets he is yet to work out how to be in more than once place at the same time!
How do you spot if the video you are watching on YouTube is one of these scams?
Here are 4 tell-tale signs:
The live streaming video does not take up the entire screen and the right hand side is overlapyed with giveaway offers!
Comments is always switched off!
If it is an Elon Musk video you will usually find he is live on many other different channels at the same time!
The channel usually have 1,000’s of subscribers but only 1 video on the channel!
Below are some screen dumps from some of the YouTube Live double your money scams we found.
