NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Technology News / An Apple crypto scam on YouTube attracted thousands of viewers
    Next Article
    An Apple crypto scam on YouTube attracted thousands of viewers
    Several attendees of the Apple Crypto Event 2022 could not spot the obvious indications of it being fake (Photo credit: Jay Peters)

    An Apple crypto scam on YouTube attracted thousands of viewers

    By Dwaipayan Roy
    Sep 08, 2022
    02:58 pm

    What's the story

    Scams are a headache for the crypto industry and malicious elements are trying new methods to dupe unsuspecting individuals.

    On Wednesday, while Apple CEO Tim Cook and his team were announcing the new iPhones and other hardware, a scammer reshaped his old interview to draw attention to a fake crypto website.

    The worrying part? Tens of thousands tuned in to watch this.

    Fake elements

    What gave away the scam?

    There were several indications of the stream being fake.

    Firstly, it showed Cook's CNN interview from 2018. Next, it had a title that said "Apple Event Live. Ceo of Apple Tim Cook: Apple & Metaverse in 2022."

    The scammer also added Bitcoin and Ethereum logos, a text reading "URGENT NEWS," to the stream, and redirected viewers to a URL without any association with Apple.

    Details

    Another stream with over 10,000 viewers was pulled down

    Another shady YouTube stream titled "Apple Inc" was also found. It had over 10,000 viewers and was redirecting users to another shady crypto portal.

    The video repurposed an interview of Jack Dorsey and Elon Musk about Bitcoin into an event where Cook was talking about Apple and the metaverse.

    Thankfully, YouTube has removed both videos for violating its terms of service.

    Information

    Why do scammers use such methods?

    Criminal elements use the name of a famous person/brand to fool unsuspecting victims into sending cryptocurrency to their wallets. They promise them that the sum will be doubled in return. Such types of crypto scams are very popular.

    Stealing

    Crypto theft is a big nuisance

    There have been some high-profile instances of crypto theft.

    The CEO of MicroStrategy (which provides cloud-based services) Michael Saylor is considered to be a prominent bitcoin proponent.

    Malicious individuals received over $1 million in his name from 42 people in November 2021. Around $100,000 worth of Bitcoin was also transferred to an account impersonating him in December last year.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Apple
    Tim Cook
    Cryptocurrency
    Bitcoin

    Latest

    NVIDIA launches Lepton—an online marketplace for AI computing power Foxconn
    Shanaya-Adarsh's 'Tu Yaa Main' to begin filming next month Adarsh Gourav
    NVIDIA to sell tech that lets AI chips communicate faster NVIDIA
    Why US might deny you entry despite valid H-1B visa H-1B Visa

    Apple

    How will Europe's 'common charger' rule impact Apple iPhone design Android
    How Apple is assuming banking tasks with Pay Later service Goldman Sachs
    Apple iOS 16 to come with walkie-talkie capabilities, eSIM transfer iOS
    M2-powered MacBook Pro 13 pre-order begins June 17: Check price MacBook Pro 13

    Tim Cook

    Apple event: Product launch starts with Apple Watch Series 4 India
    Apple October 30 event: Here's what you can expect Apple
    Why Zuckerberg ordered Facebook executives to not use iPhones Android
    Tim Cook defends search deals with Google, calling it 'best' Google

    Cryptocurrency

    Twitter CEO Jack Dorsey's tweet auctioned for $2.4 million X
    Visa to allow payments using cryptocurrency Ethereum
    Signal Payments announced with support for cryptocurrency Business
    Invest in Crypto, start with Rs. 100 on CoinSwitch Kuber CoinSwitch Kuber

    Bitcoin

    Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether XRP
    Cryptocurrency prices: Today's rates of Bitcoin, Ethereum, Cardano, Tether Cardano
    Sensex rises to 58,350 points, Nifty settles near 17,400 Ethereum
    Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Avalanche XRP
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025