$TREE

Over $1 million has been stolen from crypto users through malicious smart contracts disguised as MEV trading bots, according to SentinelLABS.

Scammers used AI-generated YouTube videos and obfuscated code to deceive users into funding attacker-controlled wallets.

SentinelLABS advises against deploying free bots from social media and stresses the importance of reviewing code thoroughly, even in testnets.