Hackers managed to steal almost $ 1 million by passing off their project as an artificial intelligence tool

The decentralized application Harvest Keeper, whose developers claimed to be an artificial intelligence-based project, turned out to be fraudulent. The Harvest Keeper team stole $ 919 million worth of user investments and disappeared from the public space. It is believed that the attackers used a standard rug pull scheme.

Rug pull is a common fraudulent scheme in the crypto community when developers take all investor money from a project and disappear with it.

Representatives of Harvest Keeper claimed that they used artificial intelligence on their platform to provide higher returns to their investors. The fraudsters promised users a daily reward of 4.81% of the investment amount, and in three weeks, the investment was supposed to bring them more than 100% of the profit. However, it is likely that the fraudsters took advantage of the popularity of AI and user gullibility.

Cybersecurity experts at CertiK stated that the Harvest Keeper contract was emptied using the getAmount privileged function, which allowed transferring more than $ 700,000 in USDT to one address. The company also reported that users' assets were stolen through phishing transactions via BSC, Ethereum, and Polygon. This way, about $ 219,000 more was stolen.

Members of the cryptocurrency community are outraged, and some deceived investors have already asked Binance CEO Чанпен Чжао" href="https://noworries.media/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao to help them recover their funds. Binance 's intelligence department has managed to investigate cryptocurrency crimes many times, so specialists are often asked for help. Thus, in early February, BlockSec, a blockchain security company, turned to the world’s leading cryptocurrency exchanges, including: Binance, Coinbase, and MEXC Global with a request to help an unknown user. The investor’s ETH was stolen through a phishing attack.