Scam YouTube tutorials promised AI-powered crypto arbitrage bots but tricked 224 victims into deploying malicious Ethereum smart contracts. These contracts, disguised as trading tools, stole a total of 274.6 ETH (about $517,000) by transferring funds to scammer-controlled addresses once deposits exceeded 0.05 ETH. The scam avoided typical phishing detection by having victims initiate and approve transactions themselves, believing they were creating legitimate bots. Blockchain security firms warn users to be cautious of such deceptive tutorials and recommend reporting losses to authorities like the FBI.
The story about fake AI trading bot tutorials stealing 274.6 ETH from victims is notable. For readers following major cryptocurrencies, here is Pluang's market snapshot: 44 of 50 major cryptocurrencies rose while 5 fell. BAL rose 11.14% to Rp16.297, FIL rose 10.26% to Rp16.024 with 86% buy orders, and SUSHI rose 10.22% to Rp4.461 with 100% buy orders, as of Sep 19, 2026 02:21 WIB.
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