SentinelLABS, a cybersecurity company, stated that a recent cryptocurrency scam on YouTube stole 256 Ether (ETH), which is worth more than $939,000. The fraud uses fake smart contracts that look like ...

SentinelLABS shared details of the recent cryptocurrency scams using fake trading bots to drain Ethereum and other coins.

Crypto trader bot scam promoted via AI-generated YouTube videos has drained over $1M in ETH using deceptive smart contracts.