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Security Platform Identifies USDT Scam Syndicate on YouTube

10M ago
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bearish:

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Analysis-of-YouTube-USDT-crypto-scams
  • WhiteSecure has identified a USDT scam trend on YouTube.
  • The identified apps request investments from unsuspecting users, promising returns.
  • Identified apps include YouTube channels with significant numbers of subscribers and view counts.

Corporate Cyber Securities Solutions platform WhiteSecure has identified a USDT scam trend on YouTube. WhiteSecur’s discovered cases are in their thousands and suggest a growing pattern that could escalate if not controlled.

In a report on its website, the security platform noted that it discovered several fraudulent web-based apps posing as USDT investment schemes. The identified apps request investments from unsuspecting users, promising returns with values based on the amount invested.

According to WhiteSecure, culprits in this kind of scam have a few characteristics in common. They are major YouTube channels with significant numbers of subscribers and view counts. They operate by posting such fraudulent videos and generating inauthentic engagement boosts that trick YouTube’s recommendation algorithms.

Some of the culprits deployed automated systems in making copy-paste comments on their videos to make them appe…

The post Security Platform Identifies USDT Scam Syndicate on YouTube appeared first on Coin Edition.

10M ago
bullish:

0

bearish:

0

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