AI-Powered Trading Bot Scam Siphons $1M From Crypto Traders—Here’s How It Happened

Another day, another crypto heist—except this time, the thieves didn’t need ski masks. Weaponized trading bots, hyped by AI-generated YouTube videos, just drained seven figures from unsuspecting investors.

How? A perfect storm of algorithmic deception and influencer-style FOMO. Fake guru accounts pumped ‘guaranteed profit’ bot services, complete with deepfake testimonials. The hook? AI-cloned voices of crypto celebrities endorsing the scam.

Once users linked their wallets to the ‘trading tools,’ the bots executed a classic rug pull—except these weren’t your grandma’s liquidity drains. They used micro-transaction obfuscation to bypass exchange alerts, siphoning funds in increments small enough to fly under radar.

And the kicker? The scammers leveraged YouTube’s ad-rev share program. Every view on their tutorial videos generated passive income—funding the next round of fake campaigns. Talk about a self-sustaining Ponzi scheme.

Regulators? Still ‘monitoring the situation.’ Meanwhile, retail traders keep chasing the next shiny algo—because who needs due diligence when Lambos are just one click away?