Project Harvest Keeper claiming to be AI-powered has allegedly drained $1 million from its users’ accounts, according to recent reports. The project, known as “AI Trade”, advertised an algorithmic trading platform that could allegedly generate significant profits with minimal effort required from users.
However, many users who invested in the platform soon discovered that their funds had been depleted without their knowledge or consent. Some have even reported being unable to withdraw any remaining funds from the platform, leading to suspicions of fraudulent activity.
Trading process using AI Trade
AI Trade had marketed its platform as an innovative solution that combined artificial intelligence with blockchain technology to enable users to earn passive income.
Harvest Keeper is a scam
Blockchain security platform CertiK has confirmed that Harvest Keeper, a purported AI-powered trading platform, has stolen approximately $933Kof users’ assets. CertiK also revealed that users have lost around $219K from ice phishing transactions across Ethereum, BNB Smart Chain, and Polygon networks. CertiK advised users to revoke the permissions they gave to Harvest Keeper and warned people to refrain from interacting with the platform’s website.
Extravagant promises
Harvest Keeper had promised its users a 4.81% return on their deposits, claiming to optimize the trading process using AI.
The platform made even more extravagant promises return on investment within 21 days and an 8% referral reward
Despite these promises, Harvest Keeper was revealed to be a scam that exploited investors’ trust and deceived them into giving up their hard-earned assets.
Harvest Keeper have almost 30K followers on Twitter and more than 32K followers on its Telegram channel.
The incident serves as a stark reminder of the risks involved in investing in untested platforms. As such, users must exercise caution when exploring investment opportunities, conduct thorough research, and remain vigilant for any signs of fraudulent activity. By taking these precautions, investors can help protect themselves from scams and other malicious schemes.
However, it now appears that the platform’s alleged AI capabilities were nothing more than a marketing gimmick. Many users have reported that their funds were likely drained by human actors rather than advanced algorithms. The project’s promises of easy profits were little more than a scam.
The incident highlights the need for caution when investing in new and untested platforms. Particularly those that claim to use advanced technologies such as AI and blockchain.
As always, it’s crucial to thoroughly research any investment opportunity before committing funds, and remain vigilant for fraudulent activity. By taking these steps, investors can help protect themselves from falling victim to scams and other fraudulent schemes.
