Elon Musk and YouTube Advertising Scams: Scammers Promoting Fake SpaceX Coin through YouTube Ads

Satnam Narang, Staff Research Engineer, gives a quick demo of how scammers are using advertising space on YouTube cryptocurrency videos to promote a fake SpaceX coin (or $SpaceX token) claiming to be created by Elon Musk. The scam involves the use of Uniswap, a popular decentralized exchange in the world of DeFi, and MetaMask, to display the fake tokens in a legitimate cryptocurrency wallet.

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