Youtube has been hit by a surge in crypto scams, with
deepfake technology being used to create videos featuring figures such as
Elon Musk and
Steve Wozniak. These impersonators have lured in viewers and convinced many to part with their Bitcoin. In return, victims were promised lucrative payouts that never arrived. Wozniak, Apple's co-founder, has won his court battle against Google for these scams that took place on Youtube. Despite these ongoing concerns, market experts remain optimistic about
Bitcoin's potential price growth, anticipating levels up to
$90,000. However, such forecasts also carry
warnings of possible price declines, echoing the volatile nature of the cryptocurrency. As scams become more sophisticated, experts like MicroStrategy Founder
Michael Saylor have called attention to these deceptive practices, underscoring the need for users to maintain caution. Despite the scams, the popularity of crypto content on Youtube continues to grow, with new users signing up for Bitcoin education and news. Nevertheless, the intensifying
issue of crypto scams on Youtube adds another note of caution in the highly speculative and risky world of cryptocurrencies.
Bitcoin Youtube News Analytics from Wed, 01 Apr 2020 07:00:00 GMT to Tue, 25 Jun 2024 16:36:00 GMT -
Rating 0
- Innovation 0
- Information 8
- Rumor -5
