- Crypto hackers have taken over the Supreme Court of India’s YouTube channel to promote a Ripple scam.
- Cybersecurity experts urge caution as scams targeting high-profile institutions become more prevalent.
Crypto hackers have seized control of the Supreme Court of India’s official YouTube channel to execute a Ripple and XRP scam. On September 20, the channel, which boasts over 217,000 subscribers, was rebranded to promote misleading cryptocurrency content. Users encountered videos touting Ripple and XRP investments, misleading many in the process.
The fraudulent XRP livestream events frequently feature phishing links that prompt users to connect their crypto wallets. If a user clicks on these links and approves the request, hackers gain full access to the wallet. Indeed, allowing them to withdraw funds without any additional authentication.
Following this, the channel is inaccessible as authorities scramble to address the breach. Also, the Supreme Court’s administration has launched an investigation to determine the extent of the hack and how such a high-profile account was compromised.
Also, this incident comes amid a wave of similar scams targeting well-known institutions, highlighting the need for greater attention. Moreover, cybersecurity experts are warning the public to exercise caution when engaging with cryptocurrency promotions, especially on social media platforms.
Additionally, with the recent volatility in the cryptocurrency market, scams are becoming increasingly prevalent. The Supreme Court’s case underscores the urgent need for enhanced security measures to protect official accounts from cyber threats.
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