The stream was live using old, looped footage of Brian Armstrong answering viewers’ questions. It had a Bitcoin address and a QR code to send the amount and stated that the amount will be doubled. Of course, the one who deposits in this address would have resulted in Zero coins.
In this way hackers are taking advantage of massive subscribers of that youtube channel. Among 1.63 million subscribers they are easily getting a good amount of people who have Knowledge about bitcoin investment. Its quite hard to stop them if channel owners don't claim report to youtube authorities about the hacking incident. In every hour their footage will get more audience and hackers wallet will continiously get deposit from some subscribers who have greedy behaviour of making easy money. I am seeing from my end that video has already been removed by youtube authority and maybe no one will put their foot on that trap again.
