Hackers Hijack DidYouKnowGaming to Promote XRP Scam

Updated: 10 months

• YouTube channel DidYouKnowGaming recently announced they lost access to their account after XRP hackers hijacked the channel to promote their scam.
• Ripple sued YouTube in 2020 for not taking the right measures to combat such scams.
• The latest incident targeted YouTube users interested in amassing XRP tokens, deceiving them into investing or sending digital assets in return for huge returns.

DidYouKnowGaming Hijacked To Promote XRP Scam

Popular YouTube channel DidYouKnowGaming recently announced on Twitter that it lost access to its account after XRP hackers hijacked the channel to promote their scam. The administrators asked for assistance to reclaim ownership of the gaming channel.

Ripple’s Previous Lawsuit Against YouTube

This is not the first time such incidents have occurred on YouTube; recall that Ripple sued YouTube in 2020 for not taking the right measures to combat such scams.

According to reports, bad actors accessed the channel’s Google account and changed its name from DidYouKnowGaming to Ripple and used Ripple’s logo to deceive unsuspecting viewers into falling for their antics. Fortunately, viewers alerted the team when unfamiliar content flooded their subscription feeds.

XRP Giveaway Scams Exploited By Bad Actors

The latest incident targeted YouTube users interested in amassing XRP tokens, deceiving them into investing or sending digital assets in return for huge returns. This sort of incident is recurring in the crypto space; scammers impersonated Ripple executives last year and promoted XRP giveaway scams leading to a lawsuit between Ripple and YouTube.

Conclusion

Bad actors have continuously exploited channels like DidYouKnowGaming’s by hijacking accounts and using logos of legitimate companies like Ripple’s to deceive unsuspecting viewers into investing or sending digital assets with false promises of huge returns. While this has been an ongoing problem both on Youtube and other social media platforms, hopefully steps can be taken soon by both companies and individuals alike to protect against further exploitation of these platforms by malicious entities.

Our Score