Another scam fornat

[casey15]

Saw this recently and it's just so scary how fast and easy scammers can literally drain people of their money and especially with the advent of AI. This is why it's good to leave some certain jobs for professionals and experts.. you cannot learn everything just because they are in YouTube. I for one have never believed in crypto or Forex trading bot. I think it's just laziness that makes people patronize these services and now they have lost so much that they shouldn't have if only they were not looking for fast way to make money without stress.

[Silverstonez]

This is why it is important to do your own research and verify before you trust it.  I don’t understand why people would trust someone they have never met before simply by copying the code that was displayed on the YouTube video.  I know people what to make money by any means possible, but the quick they are to believe what they see online without verifying it the more likely they are to fall prey to scammers.  I really feel bad for the people who were victims of this scam, and I hope they learned their lesson.

[Emjay24]

We shouldn't be surprised at this happening, scammers often take advantage of trending stuffs to get a dig at unsuspecting enthusiasts. This is the era of vibe coding and plenty people want it the easy way, they trust easily anyone who presents a cheaper means of achieving whatever that naturally has a longer process, and that's the trap, easy ways, short cuts, in the end the loss is massive.

Most of them are very naïve to connect their main wallets to their sites thinking it is a good experiment. In recent times, social engineering is advancing considerably and almost every career path has its own exploits. I also gathered Youtube was slow in taking action against such ads, in the X section of an account that posted the news, I saw some professionals noting that they reported the fake tutorial page to YouTube but nothing was done, but the greatest blame goes to those who trusted the tutorial providers enough to approve transactions from the smart contracts, funding directly from their main wallets.

[Davidloki]

Why would people casually approve random transaction from a trading bot from watching YouTube videos? This scam method is very brilliant and there would be more victims with the advent of advanced AI technology. These risk is mostly prone to traders who engage with the market on a daily basis searching for a perfect entry position, but investors do not necessarily need a bot to execute orders because it's a long term commitment.

[Yablee0]

Sometimes we give this scammer's the reason to think they're smarter than everyone. If not why will people quickly jump on everything they saw on YouTube channels without making proper findings themselves to confirm if really they are legit or has clear intentions, or try to even use their common sense to access it properly before venturing in it.

Moreover, not all that glitters are gold, most offer look good but not safed. However, is a pity that people was scammed, and like they said if you haven't experienced it before you wouldn't know where it hot. Maybe next time they will learn to look twice before running into any offer.

[ZeroVinsonN]

This is why it is important to do your own research and verify before you trust it.  I don’t understand why people would trust someone they have never met before simply by copying the code that was displayed on the YouTube video.  I know people what to make money by any means possible, but the quick they are to believe what they see online without verifying it the more likely they are to fall prey to scammers.  I really feel bad for the people who were victims of this scam, and I hope they learned their lesson.

Sometimes you can't completely blame the people who fall victim to this kind of scam, there are a lot of YouTube channels that actually teach legit things so it's not completely out of the question for someone to see something that looks legit as far as they can tell and decide to follow it.
The trick this scammers use is simple, make it look believable, you will see somethings online and you will just know that it's dumb but if they were able to make it look legit and easy chances are that a lot of people will fall for them, na why new format dey always work when e first come out, because nobody don wise up to am yet.

[Justbillywitt]

Sometimes we give this scammer's the reason to think they're smarter than everyone. If not why will people quickly jump on everything they saw on YouTube channels without making proper findings themselves to confirm if really they are legit or has clear intentions, or try to even use their common sense to access it properly before venturing in it.

YouTube has been a great tool for learning, lots of people has learnt so much from YouTube, that when they apply it in real time it worked for them. This scam was professionally done and I won’t blame those that copied the code to develop their own trading bot, because this is the first time something like this is coming up. Trading bot has been popular over the years, people have been using them without complaints, I guess that’s why people went for this not knowing that scammers has ventured into using trading bots to defraud people. Now that the scam method has been exposed, I believe people will learn from it, henceforth traders will be careful of bots they will interact with.

[Marvelockg]

Saw this recently and it's just so scary how fast and easy scammers can literally drain people of their money and especially with the advent of AI. This is why it's good to leave some certain jobs for professionals and experts.. you cannot learn everything just because they are in YouTube. I for one have never believed in crypto or Forex trading bot. I think it's just laziness that makes people patronize these services and now they have lost so much that they shouldn't have if only they were not looking for fast way to make money without stress.

We are gradually becoming a a people that are not good at taking up responsibility to doing things by ourselves. most of the scam cases people always falls into always comes as a result of a failure on their part in doing proper research and that some of them always assume that the easier route is always the best route to be taken.

If you take some of the things you want to try out and give it to an AI to test it out, you will still find out that the AI will show you some glitch you are likely blind to. desperation and the eagerness to make it through any fast means is one of the reason why people are falling into any new tricks that scammers comes up with. Cyber security is a very necessary thing that everyone ought to take seriously even if you are not going to use it as a means of getting income. the knowledge will save the funds you have already gotten.

[devouring-DARKNESS]

Sometimes we give this scammer's the reason to think they're smarter than everyone. If not why will people quickly jump on everything they saw on YouTube channels without making proper findings themselves to confirm if really they are legit or has clear intentions, or try to even use their common sense to access it properly before venturing in it.

YouTube has been a great tool for learning, lots of people has learnt so much from YouTube, that when they apply it in real time it worked for them. This scam was professionally done and I won’t blame those that copied the code to develop their own trading bot, because this is the first time something like this is coming up. Trading bot has been popular over the years, people have been using them without complaints, I guess that’s why people went for this not knowing that scammers has ventured into using trading bots to defraud people. Now that the scam method has been exposed, I believe people will learn from it, henceforth traders will be careful of bots they will interact with.

You know, sometimes when news like this comes out majority of people just start blaming the people who got scammed without actually looking at how the scam happened in the first place, most of those people saying that the victims should have known it was a scam and should have done their own research will most likely have fallen victim themselves if roles had been reversed.
I know for one that I always use YouTube learn a lot of things,  carefully explained even better then when you are paying for it, plus they've been trading bots like this one before, as far as you are concerned someone created a trader bot and wants people to use it, it's natural for people to see something like that and think it's the real deal.

[Kelward]

Social media na hub for scammers and hackers so anytime wey you enter social media make you de shine your eyes because all that glitters is not gold, many criminals de for inside de find ignorant people wey dem go steal from. So information is power, those wey no de informed scammers go take dem de chop but if you de knowledgeable about different tactics wey dem take de operate you go just ignore dem traps and move on.

If you de online make sure say you no click anything wey you no de very sure, even di one wey you know but you get any small doubts make you try to do your research first to de convinced say na genuine link you want to click. Countless videos de for social media platforms wey de talk about how you go de earn plenty money online by simply following wetin dem tell you to do, I de de amused when I see dem because I know say no free money online but unfortunately many people wey no de informed go de fall mugu for dem. As long as you de informed and constantly updated about scammers tactics online dem no fit to scam you.

[Sticky Bomb]

Why would people casually approve random transaction from a trading bot from watching YouTube videos? This scam method is very brilliant and there would be more victims with the advent of advanced AI technology. These risk is mostly prone to traders who engage with the market on a daily basis searching for a perfect entry position, but investors do not necessarily need a bot to execute orders because it's a long term commitment.

The thing people should know is dat AI scams don't have anything on you when you do nothing, you've to approve something before the exploit is able to execute, they negative impact of AI is really telling now, from bitcoin wallet hacks to data leaks and now to scam bots. those trading bots never had any trading software in it, they were just wallet drainers which those who attended the tutorials stupidly connected to. Everyone is a target in this AI era, you just need to be very careful not to fall prey because these scammers are upgrading their tactics daily.

[Oyoyoma_yu]

I think this scammers can be very unpredictable as they have many deceitful strategies to defraud investors, but I also think those who want to trade are more vulnerable to this scamming. How can we really be free from the activities of this cryptocurrency scammers. To me, cryptocurrency traders should stop clicking or following traders online looking for a perfect way of trading, and that is exact how they get their victims. It is better to learn trading from a platform where you are not ask to fund any wallet or preferably is better you learn from someone offline because of these ugly experiences. Cryptocurrency fraud is the problem of investors, and it an area that demands great attention and concern to safe investors from facing bad experience.

[Doan9269]

I'm still wondering why someone would send me some codes, and I will take them and apply them in the same way on a smart contract and any other crypto app or platform I am using; there is no way they can be as smart as we should be to protect ourselves if we truly know what we are doing. Along the process, you will definitely see that something is wrong or missing and shouldn't be demanded of Us, which is where we point out the scam attempt they may try to initiate right from the first time or along the process if we are vigilant enough

[Wiwo]

It's essential to avoid anything related to the cloud or connecting your wallets to smart contracts.

There is always a vulnerability; that is why you should always take extra steps in terms of security and trust.

Don't let anyone push you into granting anything access that could harm the security of your wallet or assets.

[Agbamoni]

This is why it is important to do your own research and verify before you trust it.  I don’t understand why people would trust someone they have never met before simply by copying the code that was displayed on the YouTube video.  I know people what to make money by any means possible, but the quick they are to believe what they see online without verifying it the more likely they are to fall prey to scammers.  I really feel bad for the people who were victims of this scam, and I hope they learned their lesson.

There is knowledge that mere research can't give you. The skill is needed to achieve that thing, or someone with the knowledge should be there to guide you through the process. This is the weak point these scammers are exploiting. Building a trading bot from scratch using Claude is a developer skill. If you don't have the skill, they will teach you how to do it, but this time, they will make you set the program to send the funded wallet to their own address. Smart thinking, right? No argument. Information is the key. What we don't know is bigger than us! We have to be really careful in this digital age because there are many ways of getting scammed.

[sotelorene]

The gospel truth is that, people will never learn and since they have refused to learn they will keep on making mistakes and donating money to the so called scammers. The desperation of becoming rich or wealthy overnight will land so many people into regret, frustration and depression,  it is funny that these people who are thinking of becoming rich overnight don't even know about security, they don't even think and calculate before they execute instead they chose to be so gullible and so focused on how to make the money without thinking twice. A big congratulations to these folks, I hope they have learn now.

[Decimetre]

Scammers are always a step ahead at all time which is why everyone don't only need to learn e every upcoming trend but also learn their modus operandi because almost all of them has similar ways of doing things. As a beginner, the first thing you should do is not to trust anything you see online without doing your own research. There are several offline centres where you can get a trading class at anytime but people don't like paying to learn what matters to them or they seek to have it cheaper.
This is why they get exposed to scams every time. These scammers will not stop anytime soon but crypto meniacs can improve their awareness about different pattern that the scammers may want to use to penetrate and scam more victims.

[Bright0515]

Ai has made scamming a lot more easier for people to come up with different ways to trick people into making investments to Rob them off their hard earned money. The problem a lot of people have is that they don't do any research before putting their money into a particular thing, they just assume that it is legit and as a result of that they end up getting defrauded. Don't just believe anything you see on the internet that has to do with connecting your wallet. Being on the forum gives you and advantage and helps you avoid falling for such tricks.

[PVequalNRT]

This is why it is important to do your own research and verify before you trust it.  I don’t understand why people would trust someone they have never met before simply by copying the code that was displayed on the YouTube video.  I know people what to make money by any means possible, but the quick they are to believe what they see online without verifying it the more likely they are to fall prey to scammers.  I really feel bad for the people who were victims of this scam, and I hope they learned their lesson.

Problem about some scams is that if they are still new, it's very hard to verify if the information is true or false. Like this one now, before it was posted here, I'm very sure that some people were scam and must have lost their Ethereum to the scammers before they realized and now they have informed other people that might have not heard about the scam, they are more like victims who save the rest of the people.

Aside that, if you are want to avoid crypto scam, you must try and avoid free money. There is no free money on the internet, enable yourself with this and get free scam all your life in crypto.

[Itz-prisigold]

Sometimes you can't completely blame the people who fall victim to this kind of scam, there are a lot of YouTube channels that actually teach legit things so it's not completely out of the question for someone to see something that looks legit as far as they can tell and decide to follow it.
The trick this scammers use is simple, make it look believable, you will see somethings online and you will just know that it's dumb but if they were able to make it look legit and easy chances are that a lot of people will fall for them, na why new format dey always work when e first come out, because nobody don wise up to am yet.

That is why people are advised not to believe everything they see online. Scammers are getting more smarter as the day goes by, and the always make sure to make a scam look very real so that you'll have no reason to doubt. A scam does not always look obviously fake, most especially if the people behind it is very intelligent and they'll also take their time to make everything look normal.

They can make use of a trusted platforms, present a well appealing videos and even comments from other accounts to establish trust. And someone who is new to crypto might think they are just following up without a genuine tutorial.

This day I hardly click on unknown links, if I come across something that looks too good to be true, I try my possible best to make research before I even think of going any further. Another thing about this scammers is that, as people are getting more informed about scamming methods, they are also learning and changing their methods. So a scam that looks very simple today might even look harder to spot tomorrow.