The speaker discusses a YouTube scam that has been ongoing for almost a year, affecting channels in Brazil, North America, Europe, Asia, and Australia. The scam involves hackers offering a large sum of money (e.g., R$ 5000) to promote a seemingly harmless program on their channel, but ultimately leading to the channel being hacked and deleted.
The speaker reveals that the hackers are using a centralized, monitored system to apply scams and are accumulating large amounts of money (e.g., R$ 697,000). The scam is also damaging the reputation of a particular individual, Red Garden House, by using his image to promote their scheme.
The speaker criticizes YouTube for not having a system in place to recover hacked channels quickly, leaving victims to wait months for their channels to be restored. The speaker suggests that a simple system to return channels to their rightful owners could prevent the destruction of people's work and livelihoods.
The video ends with the speaker thanking the audience for listening and providing a link to a documentary about the scam in the video description.
Here are the key facts:
1. A scammer is hacking YouTube channels and stealing their content.
2. The scammer is targeting channels with a large number of subscribers.
3. The scammer offers the channel owners a large sum of money to promote a fake investment scheme.
4. The channel owners are tricked into downloading a program that gives the scammer access to their channel.
5. Once the scammer has access, they delete all the channel's content and change the channel's avatar.
6. The scammer uses the hacked channels to promote a fake investment scheme involving cryptocurrency.
7. The scammer is using a centralized wallet to receive payments from the fake investment scheme.
8. The wallet has been blocked, but the scammer is still trying to withdraw the money.
9. The scammer has accumulated over 550,000 XRP (a type of cryptocurrency) worth around 697,000 Brazilian reais.
10. The scammer is using the image of a well-known cryptocurrency expert to promote the fake investment scheme.
11. The expert's reputation is being damaged as a result of the scam.
12. Many YouTube creators have lost their channels and their source of income due to the scam.
13. Some creators have had their channels recovered, but others have not been so lucky.
14. YouTube is working to help the affected creators, but the process of recovering a hacked channel can take months.