The growing popularity of the crypto market has put many scammers on the radar, such as Keeper of the Harvest.
He created a Ponzi scheme that lured potential investors and fell into their trap. But while Ponzi schemes remain a conventional technique used by some individuals, carpet pulling is becoming more common on the Web3.
Pull carpet developers create dangerous smart contract code to capture many crypto investors. This ultimately allowed the perpetrators to get away with the millions they knew from the exploit. A similar case has once again hit the digital asset space, as it is known AI-based The dApp recently stole $1 million in user funds.
Harvest Keeper Drains User Funds By $1 Million
Social media is currently abuzz with news from several crypto security companies claiming that Harvest Keeper, an AI-based dApp company, is a scam. Digital asset security company, CertiK, confirmed This report is in a tweet urging registered users not to interact with the URL of the company’s project.
De.Fi security division as well users give suggestions to quickly cancel all smart contract agreements. This is to avoid further losses, as the functioning of the company’s fraud system remains uncertain. In addition, there is no evidence of the attacker’s identity.
A report from CertiK revealed that AI-based dApps make more than one transaction during the theft process. The first transaction is to transfer $700,000 USDT to an unknown address using the getAmount function. He then transferred another $219,000 worth of crypto assets, including Ethereum, Polygon, and BSC, through an ice phishing transaction.
This type of transaction is considered a Web3 attack where the perpetrators trick the victim into signing in and giving them access. It quickly became the most common strategy for scammers, because it guarantees more profits.
Harvest Keeper Users Call for Help
Users expressed their displeasure and demanded the return of their lost money. Some have contacted Binance CEO Changpeng Zhao, asking him to help. Meanwhile, others were on alert refuse to click on any link who promised help from the company.
Harvest Keeper is known for running AI-driven programs and categorizes itself as a company with unique artificial intelligence. Many traders can expect to generate profits with little or no human effort through AI services. Apart from this, the company also informs its customers about the 4.81% daily reward that is being offered.
The platform claims its users are open to efficient automated trading systems. But considering the current situation of Harvest Keeper, users should be more careful with different social media platforms.
Most of the developers who pulled the rug used the platform to promote their coins and attract retail investors. After enough people buy the scam token, the perpetrators withdraw all their savings on the exchange or transfer it to their wallet.
Featured images from Pixabay and charts from Tradingview.com