Project claiming to be ‘AI-powered’ drains $1M from users

As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam.

Blockchain security platform CertiK has recently confirmed that Harvest Keeper has stolen around $933,000 of users’ assets at the time of writing. In addition, users have also lost around $219,000 from ice phishing transactions across the Ethereum, BNB Chain and Polygon networks, according to CertiK. The security firm urged users to revoke the permissions they gave the project and warned people to stop interacting with its website.

#CertiKSkynetAlert

We can confirm that @Harvest_Keeper is a scam.

At the time of writing, we can confirm ~$933k of users’ assets have been stolen.

Revoke permissions to EOA: 0x250ce5a8d8a8f0345fb8708e0575c8ede7710c14

Do not interact with the project’s URL. pic.twitter.com/MeQRSeydND

— CertiK Alert (@CertiKAlert) March 19, 2023

Harvest Keeper claims to be an AI project that “optimizes the trading process for maximum payout” and promises a 4.81% return on user deposits. On its website, the platform promises a 101% return on investment within 21 days and an 8% referral reward. The project has almost 30,000 followers on Twitter and more than 32,000 followers on its Telegram channel. 

Cointelegraph reached out to Harvest Keeper for comments but did not get a response.

Related: BingChatGPT ‘pump and dump’ tokens emerging by the dozen: PeckShield

Meanwhile, as the ChatGPT hype resurfaced on Twitter, dozens of accounts claiming to be related to “CryptoGPT” have emerged on the social platform. On March 10, a hashtag associated with a token project called “CryptoGPT” was trending on Twitter. With it, several similar accounts have emerged, with some advertising fake giveaways. Dozens of Twitter accounts with a similar name have also plagued the social platform, with some offering giveaways and airdrops suspected to be fake.

As the newest version of ChatGPT showed that it could audit smart contracts on Ethereum, many speculated whether it could eventually replace developers. However, at the recent ETHDubai event, blockchain developers expressed that they are confident that the new iteration of the popular AI tool will not replace developers but will help them.