Hackers Exploit Old YouTube Accounts to Promote Crypto Drain
0Hack
Hackers
Phishing scams
The operation, active since at least 2024, involves misleading videos that direct viewers to deploy a smart contract supposedly designed for automated crypto trading.
Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
About Author
Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...
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Last updated:
August 7, 2025
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Hackers are hijacking older YouTube accounts to promote a crypto scam disguised as a trading bot, according to a new report from cybersecurity firm SentinelLABS.
Key Takeaways:
Hackers are using old YouTube accounts to promote crypto-draining bots disguised as trading tools.
The smart contracts link to scammer wallets, enabling fund theft once victims deposit ETH.
AI-generated videos and managed comment sections create a false sense of legitimacy.
The operation active since at least 2024 involves misleading videos that direct viewers to deploy a smart contract supposedly designed for automated crypto trading.
In reality, the contract contains hidden code that links it to a scammer’s wallet. Once a user funds the contract, often urged to deposit a minimum of 0.5 ETH, the attacker gains the ability to drain the...
https://cryptonews.com/news/hackers-exploit-old-youtube-accounts-to-promote-crypto-drain-scams-report/
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