YouTube circulates fake Apple crypto video

An old interview with Apple CEO Tim Cook has been used by an unidentified party on YouTube to promote what media reports claim was a cryptocurrency scam.

Tens of thousands of people tuned in to watch the video which was spruced up with Apple keywords designed to attract traffic and random searches while, at the same time, leaving various links leading to dodgy-looking cryptocurrency websites, The Verge reported.

The stream, entitled “Apple Event Live. CEO of Apple Tim Cook: Apple & Metaverse in 2022”, had all the hallmarks of a bogus promotion, not least grammatical mistakes in the description and the aforementioned links.

The material in the video were old, and the video itself focused on Cook’s personality, but it was completely taken out of context.

The video also had “Urgent News” at the bottom and there were the Bitcoin and Ethereum logos visible in the video.

The stream suggested that an “Apple Crypto Event 2022” is forthcoming, and that people should get on.

The launch of this scam video is not entirely surprising. On Wednesday, Apple revealed a promotion of their upcoming iPhone 14 with Google and YouTube searches for Apple skyrocketing.

At this point it’s not clear if anyone has become a victim to the cryptocurrency scam, but as FatManTerra recently warned, consumers are somewhat gullible when it comes to cryptocurrencies and they are easily misled.

What’s worse, the scammy video was picked up by automated algorithms which recommended it on the home page for some users.

Such videos are launched by opportunistic fraudsters, but the fact that YouTube would push it to the front page is another matter altogether.

If you want to stay safe using crypto, we strongly recommend playing with or using your crypto at trusted websites such as 1xBit, FortuneJack and Bitcasino.io.

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Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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