I come across some of these videos often, especially when I search for educational videos that teaches certain things I might need to understand at that time. Truth is, on sighting any of these video thumbnails that displays a particular crypto currency with enormous amount like the fifth and seventh photo on your thread, it's already a red flag for me. I have always believed that certain information (especially financial information) that could change lives are not always present for free for the whole world to see. If some of these YouTubers that indulge in such scams even have in their possession half of what is usually displayed on their thumbnail, I don't think they will be spending time creating scam videos.
I understand that fine, YouTube is a very good tool to learning, but I don't think it has all information that will just give someone such passive Income. It's even sad that YouTube can't regulate some of these things, so I just go about minding my business. But I feel sorry for those who will end up falling, because they've failed to identify a scam from the onset. There are certain things that just sounds too good to be true.
There's so much tools and resources in YouTube but not with these kinds of videos. They're made to trick people into believing that making money through crypto passively is as easy as how they're explaining it. You'd see how complicated things they're teaching if you happen to realize that if it's easy to make money like what they're telling then everyone has became rich already. Don't also believe with the comments below there because they're all part of the shilling marketing strategy that they're doing to entice readers.
Even with reports, they don't take action. It looks like the report is lucky if they respond to it but if not, they're cool with that many of their users might be a victim of such scams.
This is the least we can do; everyone is doing their part in this community. Other forum members have had a greater impact.
Well, baffling ain't it.
That's why we have to use those adblockers. The Google search pages are even more dangerous because they are listed right above the first result, and are phishing ones.
I fell victim to one many years back.
All of them are dangerous, especially to the uneducated ones and not yet aware of these scams. And as you've shared that you fell with one of them, you returned stronger and will never fall for it. I think that all of us have the same story that we've became a victim of these cons once.
It's frustrating to see these misleading ads pop up, preying on people's desire for easy money. And this is truly concerning how these scams are being spread so easily, even on huge platforms like YouTube. The fact that these sponsored videos are designed to prey on beginners with promises of easy money is deeply troubling, especially when they involve such dangerous tactics like manipulating smart contracts and crypto wallets.
Thanks for raising awareness! Sharing information like this helps protect others from falling victim to these scams. I’ll report these videos also.
You're welcome. We should do our share even with our common friends and families to be wary about these because they might think the same as the beginners that this is how to make easy money crypto. But in reality, there's no such. Everything is a hustle and bustle in legal ways.
What make me surprised is why they didn't going to jail? you said that they're scam and there are many people watching their videos, so there must be someone who report them to the police for spreading scam, isn't?
I don't think spreading scam is actually legal especially in first world countries where they have a strict regulations.
It's about the platform, YouTube. For sure that concerned people have reported them but these scammers will just pop out everywhere and multiple times, unlimited times once their ads have been reported and removed. We are just hoping for the best that YouTube should deny or decline such ad request for similar videos that are placed on their platform.
