Blog | G5 Cyber Security

Musk-Themed ‘$SpaceX’ Cryptoscam Invades YouTube Ads

Scam uses legitimate YouTube ads, real liquidity, real DEX Uniswap, and real wallet extension to create convincing fake coin gambit. So far, the scammers have earned more than $430,000 so far across two completed campaigns, with a third still running that is on pace to bring the total earnings up to $1 million, Tenable said. Ad space was purchased legitimately from YouTube, and it’s unlikely to raise red flags with victims, the firm said.

Source: https://threatpost.com/musk-spacex-cryptoscam-youtube-advertising/167219/

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