Medium Fraud rug Source: Crypto Briefing

Fake Claude trading bot tutorials drain $517K from 224 crypto users

Scammers used AI-generated YouTube tutorials and fake compiler websites to trick crypto users into deploying malicious smart contracts, draining over $517,000 in ETH from at least 224 victims. The scam involved users authorizing transactions themselves after being misled into deploying fraudulent code.

Estimated loss
$517,205
Chains
Ethereum
Confidence
High
First seen
18 Sep 2026, 18:00 UTC

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