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Reading: Artificial Intelligence Supported MEV Bot Scam! Users’ Coins Are in Danger!
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EdaFace Newsfeed > Latest News > Security & Hacks > Artificial Intelligence Supported MEV Bot Scam! Users’ Coins Are in Danger!
Security & Hacks

Artificial Intelligence Supported MEV Bot Scam! Users’ Coins Are in Danger!

vitalclick
Last updated: October 13, 2024 8:29 am
6 months ago
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security company SlowMisthas recently revealed a new type of MEV bot scam targeting users. Scammers are trying to trick users by taking advantage of the popularity of the viral AI chatbot ChatGPT. SlowMist urged users to avoid clicking on unknown links or running suspicious code. Codes as claimed by scammers ChatGPT Users who believe that it was created by are at risk of losing their investments.

New Fraud Methods Supported by Artificial IntelligenceHow Can Investors Protect Against Scammers?

New Fraud Methods Supported by Artificial Intelligence

Cyber ​​criminals lure users with promises of simple and passive income. MEV He’s trying to direct it to his bots. The system, which was formerly introduced as “Uniswap Arbitrage MEV Bot”, is now released under the name “ChatGPT Arbitrage MEV Bot”. Scammers claim that they use ChatGPT for code generation in the guide videos they prepare on platforms such as YouTube. Aiming to reduce suspicions in this way, criminals offer to open a MetaMask wallet and create a so-called arbitrage bot through a fake Remix site.

The scam requires users to activate the bot. ETH It starts by asking them to deposit. However, when users click on the button to start their investments, all ETH is transferred to the fraudsters’ wallets. According to SlowMist’s research, 30 ETHs have been collected at the wallet address 0xAEF35f154C318c87744913f38A6d357691258122 used by fraudsters since the end of August. The collected ETHs are transferred either directly to cryptocurrency exchanges or to temporary storage addresses.

How Can Investors Protect Against Scammers?

Scammers try to avoid attracting attention by taking small amounts from many people. Most victims cannot compensate for their losses through legal means, and fraudsters use this loophole to continue their fraud by constantly changing their names. remix The platform has also previously issued warnings against these scams. Users try to warn others about these scams by sharing their experiences in the comments.

SlowMist advised all users to stay away from unknown links and suspicious codes. Against fraudsters who claim that the codes were written with ChatGPT, at least ChatGPT or claude It is important to examine whether the code is safe or not with tools such as.

Many users seeking passive income unknowingly line the pockets of fraudsters. For this reason, investors need to carefully evaluate every opportunity and protect their assets.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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