YouTube Scam Bots Dey Exploit Hijacked Account, Dem Steal 256 ETH
Since early 2024, hackers don dey hijack old YouTube accounts to deploy YouTube scam bots wey dey promote fake trading tools, wey help widespread crypto scam with malicious smart contracts. The YouTube scam bots dey use AI-generated videos, code snippets plus fake testimonials to guide victims make dem fund these contracts with at least 0.5 ETH, but attacker-controlled wallets na dem go drain the deposits. Analysis show say scam wallets dey hold between 4.19 and 244.9 ETH, with over 256 ETH don already thief. SentinelLABS warn traders make dem verify contract sources, audit code inputs and outputs, plus avoid get-rich-quick schemes from social media or influencer videos.
Bearish
News say one big crypto scam wey involve over 256 ETH wey dem comot through hijacked YouTube accounts and bad smart contracts dey shake trader confidence for Ethereum tools. For short term, increased fear and wahala fit make people dey sell ETH as dem dey avoid unverified contracts. For long run, demand for better security check fit rise, but for now, people feeling remain negative. Overall, e mean say ETH price go likely fall.