The YouTube channel of Australia's ABC News 7News was hacked for a cryptocurrency scam live stream

ChainCatcher news, according to Cointelegraph, hackers have stolen the YouTube channel of Australia's 7News and conducted a fake live stream of "Elon Musk" discussing cryptocurrency. During the live stream, "Musk" promoted a common "double return" scam, promising to double any cryptocurrency sent to a specific address.

The team is currently investigating and working with YouTube to resolve the issue as soon as possible.