XRP Crypto Scam Prevented as YouTube Assists in Recovering Hacked Channel
YouTube has intervened to prevent an XRP cryptocurrency scam from being promoted on the hacked popular YouTube channel DidYouKnowGaming.
Last week, the team behind DidYouKnowGaming warned on Twitter that they have lost access to their YouTube channel, which has 2.4 million subscribers, after their Google account was hacked.
YouTube was quick to act, asking the YouTuber for certain information in a bid to help them regain access to their account.
"We'll need to get some quick info from you & then we'll connect you w/ a specialist team who helps restore account access," the official Twitter account of YouTube said in response to DidYouKnowGaming.
The DidYouKnowGaming channel was accessed by a hacker who changed its profile image to the logo of the XRP cryptocurrency and intended to promote a scam related to the token.
The recent incident comes as the number of creators falling victim to such hacks has increased in recent times, with even larger channels such as Linus Tech Tips reporting similar problems.
The risk posed by such hacks has further increased recently with the rise in deepfakes, which are generated by AI tools to create fake impersonation videos of well-known public figures that can mislead investors.
For instance, Chinese tech giant Tencent has recently launched a deep-fake tool that allows anyone to impersonate someone else for 1,000 yuan ($145).
Investors in cryptocurrency frequently use YouTube to learn more about Web3, blockchain, and cryptocurrencies. There are many channels and resources available on the platform to help investors and enthusiasts access quality information on these topics.
The recent attempt to hack a popular YouTube channel and promote a crypto scam comes as April was marred by a series of
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