A new scam on YouTube has crypto scammers stealing from other thieves. The scam involves a bait wallet with over $8,000 in stablecoins on the Tron blockchain. Scammers post comments asking for help transferring funds, using a seed phrase that grants access to the wallet. However, the wallet is a multi-signature one, requiring multiple approvals for transactions. When thieves attempt to steal the funds, the tokens are redirected to another wallet controlled by the scammers. This scheme primarily targets other scammers, with gas fees typically costing less than $10 across most blockchains. The scam has been noted by security firm Kaspersky, with several instances across the internet using similar tactics.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
