Jim Browning did a thing on these: https://www.youtube.com/watch?v=vu-Y1h9rTUs https://www.youtube.com/watch?v=vu-Y1h9rTUs The second half of the scam — the cr

Jim Browning did a thing on these: https://www.youtube.com/watch?v=vu-Y1h9rTUs https://www.youtube.com/watch?v=vu-Y1h9rTUs The second half of the scam — the cryptocurrency theft. The one I've seen recently is variations on any of the terms "ChatGPT MEV arbitrage ETH slippage bot"; in essence, the author claims to have used ChatGPT to write a bot that waves hands does something something with arbitrage and makes tons of money. The explanation is technobabble, and the claims are often like "earn returns of $2k/day", which is of course solidly into the "way too good to be true" territory. The "smart" contract just steals your money, it's that simple. I have been seeing these all over my YouTube sponsored videos. I.e., the scammers are running these as ads. I've reported them as I see them, but thus far, YouTube has taken down exactly none of them, AFAICT. (In fact, my entire report history is 0% removed, despite every entry being a rather crystal clear ToS violation since I'd otherwise have been too lazy to go through the flow for it.) As I write this, both ad slots on the homepage are this scam.