Litecoin Foundation warns of 100,000 LTC gift scam spread on YouTube

David Schwartz, the project director of the Litecoin Foundation, warned that the YouTube channel posing as the foundation recently played the video of the Litecoin Summit 2019 and pretended it was being broadcast live. The description of the video incorrectly states that the Litecoin Foundation is now providing 100,000 LTC. The video deploys a classic crypto scam, claiming that anyone who sends LTC to an address will get a larger LTC in return.