Kaspersky Uncovers New Cryptocurrency Scam on YouTube

According to Odaily, global cybersecurity and antivirus company Kaspersky has identified a new cryptocurrency scam detailed in a blog post released on Monday. The scam involves fraudsters posting cryptocurrency wallet seed phrases in YouTube comments to lure potential victims. The scheme targets users attempting to access wallets using these seed phrases. Upon entry, users find thousands of dollars in USDT but are required to pay a small TRX fee to transfer the funds. The catch is that the bait is set in a multi-signature wallet, which requires approval from two or more parties to authorize spending transactions. As a result, transferring USDT to a personal wallet is impossible, even after paying the 'commission.' Any TRX used to pay the fee is transferred to another wallet controlled by the scammers, leaving the victim with nothing. Kaspersky advises cryptocurrency users to avoid accessing others' wallets, regardless of how tempting the opportunity may seem.