Recently, David Swartz, director of the Light Queen Foundation, warned against a clear fraud on YouTube.
David Swartz says that one of the YouTube channels recently broadcasted a video of the "Litecoin 2019" summit, pretending to be broadcasting live.
The video description incorrectly states that Light Queen now offers 100,000 LTC coins.
Where the video searches people who carry a coin with the possibility of sending it to a specific address in exchange for a larger amount of LTC in the future.
Therefore, caution should be taken from this channel or similar channels that provide tricks based on the possibility of doubling the funds in a short period of time and using different descriptions, but in the end all of them fall into the sea of fraud.
There are also similar schemes targeting Twitter holders of Ripple coin through invitations to participate in fake contests to win some of the Ripple coins.