Unknown: A currently unknown hacker has taken over multiple YouTube accounts and renamed them to match Microsoft brand names. The accounts, with names including Microsoft News and Microsoft US, were used to post crypto-currency investment videos featuring a speech given by Bill Gates in June 2019 on startups. The video urges watchers to participate in a “crypto giveaway.” The scheme is not a new one—it seeks to trick people into sending Bitcoin or other crypto-currencies to the scammer’s wallet with a promise of doubling their initial investment. In some cases, the scam claims to exploit a flaw with Bitcoin that allows the scammer to double currency over a short period of time. The accounts that have been taken over by the scammers are all YouTube channels with high subscriber counts. Currently, there are over 30 channels that have been taken over and renamed using names that are designed to appear to be linked to Microsoft. Microsoft has confirmed that none of the accounts are actually tied to Microsoft in any way.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is