Friday, April 19, 2024

One of the largest tech YouTube channels was killed by crypto scammers

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Multiple YouTube channels under the Linus Media Group (LMG) brand have been taken offline after being hijacked by crypto scammers. The main Linus Tech Tip YouTube channel, which has amassed over 15 million subscribers, is offline, as are the TechQuickie and TechLinked channels. It appears all three were impacted by the same hackers.

The channels stayed live briefly early Thursday morning, promoting bogus livestreams that included pre-recorded footage of tech personalities like Elon Musk and Jack Dorsey talking about cryptocurrency. The streams redirect to websites embedded with cryptocurrency scams.

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Although the accounts have been suspended for the time being, the hackers also revealed several videos on the channel that had been set to Private, including approval video drafts for sponsors and test clips. It’s not clear when the account will be reinstated or how many videos will return, but LMG is aware of the situation.

LMG isn’t the first to experience this type of hack. Over the past year, several fake VEVO channels have popped up around large album releases that promote the same fake livestream. Some of the artists include Kendrick Lamar and Drake.

These types of scams can spread quickly due to how they’re designed. If you’re subscribed to a channel, YouTube will notify you when the channel starts a livestream, unlike when the channel simply uploads a video. The scammers generally change the name and icon of the channel, and due to overtaking popular, Verified channels, display a badge indicating they’re a legitimate channel.

That was the case for LMG. The main Linus Tech Tips YouTube channel retained its logo and badge, but the other smaller channels had their logo changed to a Tesla logo. The channels are generally renamed to “teslaliveonline” or something similar.

YouTube has seen an uptick in hackings from crypto scammers over the past year, and the company has yet to implement any features to mitigate the problem. Given the wide-reaching nature of the hacks, and the high-profile channels they can target, it’s clear the platform needs features to reduce the potentially devastating impact of hack like this.

The LMG YouTube channels affected remain offline for the time being. We’ll update this article when they’re reinstated.

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