Crypto Scammers Game YouTube for Amplification While Keeping Under Radar, Researchers Find

By Joe Fay Not even a pyramid scheme – they just convince people to give away their money. A network of crypto scammers has been able to game YouTube’s algorithms to publicize and amplify fraudulent investment apps without triggering the video platform’s safety team, researchers at WithSecure have said. The network used YouTube to post and boost videos encouraging victims to take part in fraudulent USDT (Tether) cryptocurrency investment schemes. Users were promised lucrative returns when they moved cryptocurrency from their wallets into wallets associated with the “apps” highlighted in the videos. WithSecure Intelligence Researcher Andy Patel tracked over 700…

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