Solana Double-Your-Money scam that looks so real

17 Jul 2025 Guide

I just witnessed one of the most sophisticated crypto scams on YouTube, and it’s terrifying how real it looks.

The Scam Channel Has 141K Subscribers

While browsing YouTube, I stumbled upon what appeared to be an official Solana channel promoting a “YouTube Reward Event.” The channel has 141K subscribers and a “verified checkmark” (self-added tick). Here’s the kicker: the official Solana Foundation channel only has around 70K subscribers.

This fake channel has been operating for over a year, systematically copying every video from the official channel. They upload the same conference talks, the same developer content, everything. At first glance, it’s indistinguishable from the real thing.

Solana scam YouTube channel

The “Double Your SOL” Trap

The scam video promises to double any Solana you send to their address. The rules are simple and enticing:

  • Minimum: 10 SOL
  • Maximum: 10,000 SOL
  • “All major wallets and exchanges are supported”
  • “One time participation”
  • “Limited time offer”

They display a QR code and wallet address prominently, making it easy for victims to send their SOL.

They posted a sponsored video that is less than 24-hour ago, with many views and hundreds of comments to make it look real.

Very Little Red Flags

I gonna hats off to them. Everything looks so legit, including the channel handle @Solana_Fndn_yt. The real one is @SolanaFndn, so not too far off.

I would argue the only red flag is the promise itself: No legitimate foundation ever asks you to send crypto with promises of doubling it.

Protect Yourself

Never send crypto to addresses promising to double your money. This is the oldest scam in the book, just dressed up in sophisticated clothing.

Always verify official channels by:

  • Checking the official website for social media links
  • Never trusting “limited time” crypto giveaways

The real Solana Foundation will never ask you to send SOL with promises of returning double. If you see this scam, report it to YouTube immediately (but I believe YouTube doesn’t care, otherwise this channel won’t exist).

Stay safe out there, and remember: if it sounds too good to be true, it definitely is.