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Fake crypto bot scammer allegedly told investors, ‘Poof, you’re a millionaire’
The FBI says the scammer conned investors out of $1.5 million to build a crypto trading bot that never materialized.
The bot described by Robb would supposedly scan blockchain networks to find profitable trading opportunities and execute them automatically, but there’s no evidence that technology can actually work over an extended period. This hasn’t stopped crypto scammers from pushing fake bots on YouTube, X, and other social media sites and making unlikely promises of 10x to 100x returns on their investments. The FBI’s review of Robb’s financial transactions indicated that he spent some of the money on a two-year lease of an executive suite at the Denver Broncos Mile High Stadium, a luxury Jeep, and a stay at a vacation resort in the Bahamas.
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