Elon’s AI Coin Carnival: When Scammers Dress Up Like Musk’s Bots 🤡💸

by

Somewhere out there in the dusty trails of the cyber frontier, folks with sprinting fingers and crafty grins found themselves a new gold rush — only this time, the nuggets are bits and bytes, not the stuff you hold in your calloused hands. Elon Musk’s newfangled AI pal, Grok, sparked a swarm of slick conmen hungrily tossing fake coins like carnival tokens. The catch? Ain’t nothing solid behind ’em.

Changpeng “CZ” Zhao, the old trail boss of Binance, had his wallet flooded on April 21 with 90 million fake Grok tokens, as if some prankster tossed a sack of fool’s gold right onto his porch. That’s what the blockchain watchdogs at PeckShield reckon, calling the whole thing a scam wrapped in multisend smoke and mirrors.

Meanwhile, on X platform, the Grok AI chatbot is just minding its own business, polite as a church mouse, with no coin of its own to offer — no posse of tokens ready to wrangle folks into false hope.

Back in the dusty year of 2023, these Grok fakes first popped up like jackrabbits after a rainstorm. Some sharp folks on Ethereum spun up an ERC-20 Grok token, but when the original owner sold just a pinch, the value plummeted faster than a greased pig at a county fair.

The sneaky types love hitchin’ their scams on big names and famous brands — it’s like wearing a shiny sheriff’s badge at a poker game, makes folks slide their chips over easier. Meta’s the biggest masquerader of ‘em all, getting copied and carved up something fierce in phishing reports this year.

In the squat tin tents of crypto, Coinbase feels the heat, but poor Meta gets played by those circle-the-wagons scammers over 25 times more. It’s a wild, wild web out there.

Elon Musk’s Name: Gold For Scammers In The Latest Hustle

The name Elon Musk is the shiny bait once again, bringing out the hopeful and the hopeless alike, only to swindle them with fake tokens and hollow promises. Take that bogus “AI Elon Musk stream” giveaway claiming to toss out $20,000 in crypto — flagged quicker than a rattler by crypto watchman Denis Thomas.

Down on the BNB Smart Chain, new memecoins pop up faster than dandelions in spring, all inspired by Elon’s infamous market dance — according to those hot on the scam trail at Coinspeedrun.

Tricks like address poisoning — where folks get lured into sending their hard-earned assets to the wrong pockets — have cost the crypto world a hefty heap, over a billion dollars in 2024 alone, spread across nearly 300 separate hits, say the crypto sheriffs at CertiK.

Read More

2025-04-21 17:15