New Scam Technique on YouTube Targets Cryptocurrency Users

According to PANews, a new scam technique has been identified by security firm Kaspersky, gaining traction on YouTube. The scam involves a comment about transferring USDT from a Tron blockchain wallet holding over $8,000 in stablecoins. This is not a novice's mistake but a well-crafted trap. The stablecoins are stored in a multi-signature wallet, requiring a fee for withdrawal. When scammers attempt to steal funds by sending TRX tokens, the tokens mysteriously vanish into another wallet controlled by the scammer. The bait wallet is set up as a multi-signature wallet, needing multiple approvals for transactions, preventing direct transfer of USDT to personal wallets. Kaspersky highlights that scammers pose as beginners, sharing wallet access to deceive naive thieves, who ultimately become victims themselves. This scam is not isolated, as multiple new accounts have posted similar comments and mentioned the same mnemonic phrase. Due to low transaction fees on the blockchain, often under $10, such scams may primarily target those seeking illicit gains rather than sophisticated criminal activities aiming to steal large sums.