Investigation uncovers AI-powered botnet promoting crypto scams on X
A recent investigation by researchers at Indiana University Bloomington has revealed the use of a botnet powered by ChatGPT, an AI language model, to promote cryptocurrency scams on X (formerly known as Twitter). The botnet consisted of 1,140 accounts that utilized ChatGPT to generate and post content as well as engage with other posts. The researchers detected the botnet’s activity by identifying a specific phrase used by ChatGPT in response to prompts. Despite its relatively unsophisticated methods, the botnet successfully published convincing messages endorsing crypto-hyping websites. Micah Musser, an expert in AI-driven disinformation, believes that this discovery is just the tip of the iceberg.
Key Points:
- Botnet named Fox8 used ChatGPT to generate content and engage with posts
- Botnet aimed to entice users into clicking on links to crypto-hyping websites
- Researchers identified the botnet’s activity through a specific phrase used by ChatGPT
- The botnet’s success highlights the ease with which AI can be used for scams
- Micah Musser suggests there are likely more sophisticated botnets operating
Spam Bots On X
Spam bots have long been a problem in the online crypto community, particularly on platforms like YouTube and X. These bots often impersonate celebrities and promote malicious giveaways, resulting in millions of dollars stolen from victims. Despite Elon Musk’s promise to tackle spam bots after acquiring X, they have become even more prevalent. Filippo Menczer, the professor leading the research into the Fox8 botnet, no longer contacts X with his findings, citing their unresponsiveness and lack of staff. Musk’s decision to remove the blocking feature on X has drawn criticism from creators concerned about the proliferation of scammers and impersonators.
Hot Take:
This investigation highlights the widespread use of AI-powered botnets to promote cryptocurrency scams on social media platforms like X. The ease with which these botnets can generate convincing content raises concerns about the potential for more sophisticated scams in the future. It is essential for platforms like X to take proactive measures in detecting and removing such botnets to protect users from falling victim to fraudulent schemes.
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