Massive Shibu Inu YouTube LiveStream Scam Network, $320k Stolen

I must report about 10-15 of these every week to YouTube. Recently, it's been Shiba Inu due to the pump it's been getting.

Most of the scam live streams I've seen and reported are channels which appear to have been 'taken over'/'hacked' and their content changed or deleted to then kick off a 'giveaway' stream which are all scams.

They all have the same basic layout on screen, so really YouTube's bots should do a better job of detecting them. YouTube are literally recommending content which perpetrates fraud, at this point.

I have to admit, these scams are getting very creative in fooling lots of investors over a pre-recorded live stream and timing it with a shiba inu shitcoin reaching an all time high.

Similar to the Great Twitter crypto scam in 2020 [0], this one joins the ranks as one of the greatest and most creative crypto scams of all time.

[0] https://en.wikipedia.org/wiki/2020_Twitter_account_hijacking