Scammers are creating fake “ChatGPT” and “Bing” crypto tokens—here’s how to protect yourself
Publishing timestamp: 2023-03-10 16:55:53
Summary
Scammers are taking advantage of the hype surrounding popular AI chatbots like OpenAI's ChatGPT and Microsoft's Bing AI by creating digital coins with similar names and promoting them as associated with these tools. However, these coins are often "pump and dump" schemes meant to dupe investors. Crypto investors should be wary of newly created tokens that use the name of popular products or celebrities, and should do their research before purchasing any new token. The best way to avoid these scams is to stay out of crypto altogether.
Sentiment: MIXED
Tickers: MSFT,
Keywords: microsoft corp, personal investing, artificial intelligence, cryptocurrency,
Source: https://www.cnbc.com/2023/03/10/fake-chatgpt-and-bing-crypto-tokens-being-created-by-scammers.html