Watch Out for Fake YouTube Channels Asking For Bitcoin
A group of highly organized scammers have commandeered a pair of Youtube channels and renamed them to "SpaceX Live" and "SpaceX" in order to capitalize on the popularity of Elon Musk and his SpaceX company. SpaceX made headlines recently with their manned launch out of Florida. Over the course of just two days, the scammers were able to collect nearly $150,000 in bitcoins.
Here's how the scam works:
It's fairly common knowledge that Elon Musk is a fan of cryptocurrency, and the group, impersonating Musk, uses the pirated channels to promise managed investments. You send them a small amount of bitcoin, and they promise spectacular investment returns.