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Cardano's IOG warns users to avoid YouTube channel after apparent hijack and fake giveaway

Input Output Group warned users to avoid its YouTube channel after it was apparently hijacked and used to stream a fake AI-manipulated Charles Hoskinson crypto giveaway.

Why it matters

The incident is a YouTube account compromise used for a crypto giveaway scam, a fraud pattern Cardano users have reportedly been warned about for years, rather than a flaw in Cardano's protocol or finances.

Key facts

IOG warned users to avoid interacting with its YouTube channel after an apparent hijack.

Reported by Cointelegraph

The livestream was presented as a Project Catalyst town hall and displayed a QR code directing viewers to a payment process.

Reported by Cointelegraph

IOG told users not to click links, send funds or share personal information related to the channel.

Reported by Cointelegraph

Charles Hoskinson posted on X that the IOG YouTube channel 'apparently has been compromised' and said the team was working with YouTube to remove content and reset credentials.

Reported by CryptoPotato

At the time of CryptoPotato's report, IOG's own X account had not yet mentioned the compromise, and the channel's visible uploads still showed only its legitimate recent videos.

Reported by CryptoPotato

What happened

Input Output Group (IOG) urged Cardano users on Sept. 18 to avoid its YouTube channel after it was apparently compromised and began livestreaming what Cointelegraph, Crypto.News, CryptoPotato and TheNewsCrypto all describe as a suspected AI-manipulated video of founder Charles Hoskinson. The stream was framed as a Project Catalyst town hall and used a QR code to push viewers toward a scheme promising to 'double your wealth,' according to all four outlets. IOG posted on X telling users not to click links, send funds or share personal information tied to the channel, and Hoskinson separately posted that the channel 'apparently has been compromised,' saying the team was working with YouTube to remove the content and reset credentials. Cointelegraph reported the livestream ran for nearly two hours. CryptoPotato noted that, at the time of its report, IOG's own X account had not yet mentioned the compromise even though Hoskinson and other Cardano-focused accounts had, and that the channel's visible video list still showed only IOG's legitimate recent uploads. No source confirms that Hoskinson or Project Catalyst authorized the promotion.

How the story developed

  1. First report

    First report by Cointelegraph

    Cardano’s IOG warns users to avoid YouTube channel amid apparent hijack

    Cointelegraph

  2. Update

    IOG YouTube channel apparently hijacked and streams fake Hoskinson giveaway

    The channel began livestreaming a suspected AI-manipulated video of Hoskinson promoting a crypto giveaway during what was framed as a Project Catalyst town hall.

    Cointelegraph

  3. Independent corroboration

    Independently corroborated by Crypto.News

    Cardano’s IOG warns users after YouTube channel hijack

    Crypto.News

  4. Official statement

    Hoskinson confirms channel compromise on X

    Hoskinson said the IOG YouTube channel had apparently been compromised and warned against trusting videos or links on it, adding the team was working with YouTube to remove content and reset credentials.

    CryptoPotato

  5. Official statement

    IOG issues formal warning via official X account

    IOG told users to avoid interacting with the channel until further notice and not to click links, send funds or share personal information.

    Cointelegraph

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

18 Sept, 04:114 independent sources18 Sept, 11:30
  • 18 Sept 2026, 04:11 UTC: Cointelegraph 1 independent source, 1 reports
  • 18 Sept 2026, 05:28 UTC: Crypto.News 2 independent sources, 2 reports
  • 18 Sept 2026, 07:32 UTC: CryptoPotato 3 independent sources, 3 reports
  • 18 Sept 2026, 11:30 UTC: TheNewsCrypto 4 independent sources, 4 reports

Affected entities

Original sources

PublisherReportRolePublished
Cointelegraph
Crypto media
Cardano’s IOG warns users to avoid YouTube channel amid apparent hijackOriginal
Crypto.News
Crypto media
Cardano’s IOG warns users after YouTube channel hijackIndependent
CryptoPotato
Crypto media
Cardano Founder Warns IOG YouTube Channel Has Been CompromisedIndependent
TheNewsCrypto
Crypto media
Cardano Users Warned After IOG YouTube Channel Compromised in Fake Crypto Giveaway ScamSyndicated
Cardano's IOG warns users to avoid YouTube channel after apparent hijack and fake giveaway — Crypto News Intelligence