YouTube Publishes a Malicious Ad For Electrum Wallet
Main page News, Hacker Attack

Video-sharing platform YouTube has mistakenly posted a malicious advertisement for the Electrum Bitcoin Wallet, a Reddit user reported yesterday.

The users who saw the ad were redirected to a malicious link using a common scam method called typosquatting. This type of scam slightly changes original URLs in order to redirect users to malicious sites.

According to the Reddit user who flagged the scam, the ad showed a link that supposedly took users to the wallet official site. However, it actually downloaded an .exe file onto the users' computers.

The Reddit user said:

"It even tells you to go the correct link (electrum.org) in the video, but when you click on the advertisement, it immediately starts downloading the malicious exe file."

Instead of taking users to the official site (electrum.org), it redirected them to elecktrum.org, where the malicious file was stored.

This is not the first time that the wallet suffers a scam. In April last year, a hacker or group of hackers registered a similar domain (electrum.com) in an attempt to steal the users' funds.

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