Scammers are streaming Michael Bloomberg speeches on YouTube, claiming that the former presidential candidate is giving away free Bitcoin (BTC).
On May 14, there were at least two such incidents with an apparent combined audience of almost 60,000. The scammers asked viewers to send between 0.1 BTC and 250 BTC to the video’s Bitcoin address, promising to return double their value. The channel alleged that Michael Bloomberg was facilitating crypto adoption through this mechanism. All related videos have since been removed by YouTube.