A convincing presale site for phony "Google Coin" features an AI assistant that engages victims with a slick sales pitch, funneling payment to attackers.

DR (DZone Research) offers insights into software development trends, industry surveys, and technology adoption patterns, providing reports, whitepapers, and analyst insights to help businesses make informed decisions and stay competitive in the ever-evolving tech landscape. By exploring DR's curated content, developers can gain insights into emerging technologies, developer preferences, and industry best practices for building innovative and market-leading software solutions. Whether you're a startup founder, product manager, or tech executive, DR offers resources to guide your strategic planning and drive business success.

Dark Reading

Malwarebytes Labs researchers uncovered a crypto scam using a fake 'Google Coin' presale site that deploys a custom chatbot impersonating Google's Gemini AI assistant. The bot engages victims with polished sales pitches, projects investment returns, and funnels irreversible crypto payments to attackers. The site mimics Google's branding and displays logos of major companies like OpenAI, Binance, and Coinbase to appear legitimate. The scam highlights how AI chatbots are replacing human scammers, enabling simultaneous engagement of hundreds of victims 24/7. Research from Chainalysis indicates roughly 60% of funds flowing into crypto scam wallets are tied to AI-powered scammers. Red flags include chatbots claiming to be known AI brands on third-party sites, promises of specific investment returns, and high-pressure urgency tactics.

Scam Abuses Gemini Chatbots to Convince People to Buy Fake Crypto

AI-Powered Crypto Scams Becoming Norm, Not Exception