YouTube helps recover hacked channel that attempted XRP crypto scams

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Prominent YouTuber DidYouKnowGaming has been able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP cryptocurrency (XRP) scams.

Although hacking YouTube channels to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting hacks has increased. More recently, DidYouKnowGaming, a YouTuber with 2.4 million subscribers, warned his Twitter followers about a hack.

sorry you have to deal with this! first we’ll need to get some quick information from you, then we’ll connect you with a team of specialists who will help you restore access to the account. follow us and we can DM you the information you need!

— TeamYouTube (@TeamYouTube) April 28, 2023

After gaining access to the account, the hacker changed the YouTubers profile and cover images to Ripples logo as shown below.

DidYouKnowGaming Hacked YouTube Account. Source: Twitter

YouTube’s quick response ensured damage control by preventing XRP hackers from interacting with channel subscribers. Recently, one of YouTube’s biggest creators, Linus Tech Tips, also reported losing access to their channels.

While the exploit hackers used to gain access to YouTube accounts remains a mystery, victimized YouTubers have still been able to recover their accounts and deleted videos, if any.

*hacker voice* I’m in pic.twitter.com/GRY6udVsZv

— DidYouKnowGaming (@didyouknowgamin) April 29, 2023

The threat to crypto investors from such hacks is significant, given the rise of deepfakes, which are fake identity theft videos generated by artificial intelligence (AI) tools.

Hackers often create deepfakes of Tesla CEO Elon Musk and other entrepreneurs to mislead crypto investors.

Yeah. Certainly not me.

— Elon Musk (@elonmusk) May 25, 2022

Concerns intensified when Chinese tech giant Tencent launched a new tool for creating deepfakes, allowing users to impersonate anyone for 1,000 yuan ($145).

Deepfake version (left) created by Tencent Clouds AI service. Source: Tencent (via Jiemian)

As reported by Cointelegraph, the service will be used by Tencent to host live broadcast infomercials for the Chinese population.

Related: Here’s how to quickly spot a cybersecurity execs deepfake crypto scam

Crypto investors around the world use YouTube to discover and research the world of cryptocurrencies, blockchain, and Web3.

For more on Web3 development, check out these five YouTube channels that can help investors and enthusiasts in their research.

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