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ChatGPT Recommendation Leads to Phishing Loss for Crypto User

ChatGPT Recommendation Leads to Phishing Loss for Crypto User

A cryptocurrency user known as r_ocky.eth lost $2500 due to a recommendation from ChatGPT, which directed him to a fraudulent site while developing a bot for the meme-token platform Pump.fun on Solana. This incident was highlighted by experts at SlowMist.

“After analyzing the wallet, I realized it was indeed ‘hacked’ by AI. I used the code provided by GPT to write a bot. I did not expect that the code given by the chatbot would have a backdoor and send the private key to a phishing site,” commented the researcher known as Cos.

He emphasized that when working with LLM, one must be aware of the potential for attacks. There is now a real case of funds being stolen from a crypto user.

The victim showed part of the code where it was necessary to send a private key to the API as recommended by ChatGPT. 

“Of course, I made a mistake by using my main Solana wallet. But when you are in a rush to do many things at once, it is easy to make an error,” he noted.

The fraudster acted extremely quickly. As soon as r_ocky.eth used the API, the assets were immediately transferred to another wallet. The suspected address of the perpetrator holds 5.72 SOL and 141,950 USDC. 

Previously, a user lost 4064 BTC ($238 million) due to a hacking attack.

Earlier this year, criminals stole $1.6 billion in cryptocurrencies, shifting their focus to centralized exchanges, as noted by Chainalysis.

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