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Smart Contract Scams | Ethereum Drainers Pose as Trading Bots to Steal Crypto

· Published 07/08/2025 11:19 · Modified 07/08/2025 15:36

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Published
07/08/2025 11:19
Modified
07/08/2025 15:36
Tags
2025-08-05 2025-08-07 ai-generated content cryptocurrency ethereum mev bot obfuscation scam smart-contract solidity youtube
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Description

SentinelLABS has uncovered a series of scams where threat actors distribute malicious smart contracts disguised as trading bots to drain user wallets. The campaign has stolen over $900,000 US and uses aged accounts with curated comment sections to create a false sense of legitimacy. The smart contracts employ various techniques to conceal the attacker's wallet address. Distribution methods include AI-generated videos and step-by-step instructions for deploying the weaponized smart contracts. The most successful yielded 244.9 ETH from a single video. Crypto users are advised to exercise extreme caution when dealing with trading tools promoted through unverified social media or video content.

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