Home Bitcoin NewsBitcoin Scam 5 Common Social Media Crypto Scams – Protect Yourself From Crypto Scams on Social Media – Coindesk

5 Common Social Media Crypto Scams – Protect Yourself From Crypto Scams on Social Media – Coindesk

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With a YouTube Live scam the fraudsters create a live video (often using stolen content), portray themselves as some form of authority in cryptocurrency and post a link to a “giveaway” in the video’s description, where you’ll be asked to send cryptocurrency. By using the Live feature, the fraudsters avoid YouTube’s content review process until the video is over.

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