256 ETH Stolen in AI Scam Hijacking YouTube Channels for Crypto Theft

Summary: How are scammers using YouTube to steal crypto? Scammers hijack old, trusted YouTube channels to promote fake trading bots with hidden smart contracts that drain funds. Victims are tricked into deploying these contracts and sending crypto, losing thousands.   🎧 Listen to This Article Prefer to listen? Hit play below to hear the narrated version. Cybersecurity company SentinelLABS has issued a report revealing that cybercriminals are exploiting long-established, credible-seeming crypto YouTube channels to advertise a fraudulent trading bot embedded with a malicious smart contract that drains users’ funds source: https://news.shib.io/2025/08/07/256-eth-stolen-in-ai-scam-hijacking-youtube-channels-for-crypto-theft/