YouTube Crypto Scams, Half-Billion Dollar Bitcoin Fraud, and a Major ETF Outflow

Crypto recap

Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:

Scammers Are Using Old YouTube Accounts To Scam People. Hackers are hijacking old YouTube channels to promote fake crypto giveaways, tricking users with livestreams and deepfakes.

HashFlare Founders Face 10 Years in Prison for $577M Scheme. The founders of HashFlare were found guilty of running a fake mining operation that stole over half a billion dollars from users.

Michael Saylor Calls for Regulatory Clarity in Crypto in the U.S. MicroStrategy’s Michael Saylor urged U.S. lawmakers to set clear crypto rules, saying lack of clarity hurts innovation and adoption.

BlackRock’s Bitcoin ETF Sees $292M Outflow. Investors pulled nearly $300 million from BlackRock’s Bitcoin ETF in one day, one of the largest outflows since its launch.

SEC Clarifies Liquid Staking As Not Securities. The SEC confirmed that certain liquid staking services don’t count as securities, offering relief to Ethereum-based DeFi platforms.

From scams and fraud to big moves in regulation and markets, this week shows how fast crypto can change, both for better and worse. As major voices call for clearer rules, trust and security remain at the center of the crypto conversation.

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Mohamed Hussein

With a BA in Journalism and over 11 years of experience in Arabic and English media, I bring a newsroom mindset to the fast-paced world of crypto content. From breaking news to in-depth features, I’ve worked across leading platforms. Today, as a content writer in the Web3 space, I aim to make complex topics like blockchain, crypto, and digital innovation accessible to a wider audience, without compromising clarity or credibility.

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