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Several Crypto Scams On Youtube During SpaceX Test Launch

Several Crypto Scams On Youtube During SpaceX Test Launch

99bitcoins99bitcoins2024/10/14 13:24
By:FatimaSam Cooling

Elon Musk’s SpaceX sent shockwaves worldwide with the ‘chopstick’ booster catch, but SpaceX Crypto Scam on YouTube was hot on its heels.

Fraudulent YouTube streams appeared during the Starship test flight, pretending to be the official SpaceX channel and promoting fake crypto giveaways.

SpaceX achieved a historic milestone on October 13, 2024, with its Starship test flight. The company successfully launched the massive Starship rocket and, for the first time, caught the Super Heavy booster mid-air using their mechanical arms, dubbed “Mechazilla.”

I can’t even make a free throw from 6 feet away and SpaceX just did this pic.twitter.com/QGFDQvEgkD

— greg (@greg16676935420) October 13, 2024

The booster separated seven minutes into the flight and returned to the launch pad, where it was caught. This is a crucial step for making future launches more sustainable and reusable – it could lower costs from $10,000 per KG to $10 per KG – a crucial leap forward for humanity.

The Starship itself continued on a suborbital path, reaching over 130 miles high before making a controlled splashdown in the Indian Ocean.

At the same time, several fake accounts started an AI-generated video on YouTube mimicking SpaceX’s branding and appearance. These streams show old footage of Elon Musk and a QR code that redirects viewers to a scam site.

SpaceX Latest Launch Success Marred By YouTube Scam

These fraudulent streams usually feature many viewers, likes, and comments, all supported by bots. A QR code appears during the stream, directing viewers to a scam website. Here, people are prompted to send crypto with the promise of getting more in return. Obviously a scam.

Crazy Space X crypto scam going on rn on a fake @SpaceX YouTube channel . Don’t fall for this this Ai generated theft. #SpaceX pic.twitter.com/g4jEQCMWZS

— BAiNZY (@BAiNZY3) October 13, 2024

One reason these scams succeed is that SpaceX has largely moved its live streams to Twitter since Musk’s acquisition. Scammers take advantage of the confusion and fill the gap on YouTube with fake channels that seem legitimate due to inflated engagement numbers.

Usually, you can start to be suspicious when comments are disabled, clearly to avoid comments calling out the scam.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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