The most dangerous crypto MEV scam
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- Опубліковано 24 вер 2024
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In this video, I'll show you one of the most dangerous scams in crypto and how to identify it.
With crypto bots on the rise, it's important to be aware of scams and how to avoid them.
Thank you, I literally almost got scammed out of $2000 / THANK YOU!!
My favorite part is that UA-cam is SPONSORING these scams.
UA-cam is part of that crime... It promotes videos with scam, YT takes part of the profit and it doesn't remove videos/channels when those are reported as scam. Anyway, UA-cam is really slow to delete these channels and it is profitable business... 😞
The scammers pay to advertise their scam and UA-cam allows the scammers to delete any negative comment on their video. $90,000 can pay for a lot of advertising and fake comments and followers.
Right. It means youtube is also making money from these videos as well. Shame..
SO F up
I can't believe UA-cam is actually getting away with this. It blows my mind.
Interestingly, UA-cam just recommended scam videos on my homepage.
Yep it recommended it to me too and the video was even "unlisted" so it couldn't even be selected when reporting the scam on there channel page. Wow, what is that about? When is the last time you have been recommended an unlisted video? If you're like me it's a first.
Ain’t that funny
I felt for this scam today. I only lost 36 dollar, becaue I was testing the withdraw function first.
This video is so underrated, you deserve more views and likes.
Appreciate it! Share it with your family
hey mate the second vid u said as legit i dont think it is legit i am a sol dev as well and its shady af i can see scrambled address functions as well cud u do the same thing and identify the address i tried my best but failed to do so@@merunasg
So glad I came across this video. The old saying "If it sounds too good to be true, it usually is" is so apropos with this stuff. And you're 100% right - it's greed. Blessings and thanks again.
indeed it's easy to fall victim to it when you're not paying attention
Excellent video, my son-inlaw lost only $100 because he was testing the withdrawal on a Mev bot bunny coin before putting in more money. Thank you for educating the public.
I was literally seconds away from purchasing $2000 dollars worth of ETH and then running the MEV solidity bot code. But my intuition told me it was too good to be true. Did some research and found this video. So glad I didn't. I can't afford to lose that much money right now. Thank you for the warning. It's terrible that UA-cam is recommending these videos to people.
indeed be careful out there
No real mev script is ever released to the public. Think about it. Why would they let their cash cow be public???
Having seen ads for this scam, lead me to your video and I checked on that address; they just pulled the money out on 3/17 to another wallet, they got $190k in total from this scam. Very sad.
Insane stuff
Wow, smh. I was just doing some research on this bot to see how the gas fees were so low. Thank You!
Thanks for making this and walking through the code. Unfortunately I fell victim to this exact scam video you went over just a few weeks ago. Thought I did enough research to make the right choice and get into ETH trading. Luckily I went in with only the minimum asked, so it wasnt a huge lose. But it was definitely a hit to my ego. Lesson learned.
It does feel awful doesn't it? I hate it
I appreciate you brother. Did my research and found this video. Saving a lot of future people of falling for it. Thank You.
Brother. I am at work right now and before your video i watched Crypto dentist some shit which mentions to invesyt 0.2 ether. I was tempted but your video saved me from falling into trap. This world has good and bad, you need to use your intellect everywhere. Cant lose your guard ever. Thanks brother
Thanks brother! I wasn't sure about what this thing was and wanted to do some digging. Hopefully you save some people from the scam; you definitely helped me! At the end of the day, if it seems to be too good to be true, it is. 😣
Glad I could help. Let me know if you want to learn more about the topic or a similar topic
i got saved thanks dude great vid i hate the scammers @@merunasg
I also saw a video about passively farming ETH. All commenters wrote this worked so well. But if this worked, just everyone would do it and nobody worked anymore. So this clearly can't work
Tx for not only warning but also for explaining what to look for. I was interested into these mev bot vids but wanted to do research first before committing and then I stumbled upon your video, you are a hero! :)
Sure thing! Warn your crypto friends and family
Hi Merunas, thank a lot bro for the nobel video. This will cerainly protect many many of us.🙏🙏🙏
It's my pleasure
Bro thanks so much I was so close to give them my money but i clicked on your video and im so greatful.
I appreciate it!
I also lost thousands of dollars with a MEV bot scam. But giving up is not an option.
I’m sorry for your loss the people doing it are heartless
this video just saved me 0.5 ETH.... dude... thank god I watched this
that's awesome
Nearly fell for this today, so glad I decided to trust my gut and do some research first where I came across your video. Keep up the good work mate.
Glad I could help!
Wish I had the sense to check out vids like these yesterday. Got scammed for 1 ETH by a similar video. Set up the 'bot' etc. And it took a while before I realized that my ETH was routed to an internal transaction, ending up in someone's wallet ...
I reported the video but it's still online ..
I feel really stupid - a rare occasion where all my alarm bells did not go off immediately. Greed kills you. But Karma may have its day sometime ..
It’s a bad thing to happen and you feel stupid and angry at the same time. But there are ways to recover them I’ll make a video about it
I would never use ChatGPT or similar to generate Solidity code to do arbitration, the output is full of bugs at the very least.
There are people that tried and they lose money
Great breakdown! I keep seeing these ads all over youtube and they won't stop them!
True that
Man i wish i would've seen this sooner... lost an eth.. thankfully it wasnt everything but i wonder how we can get back at them
Money is gone brother
Thanks for the info and confirming my suspicions. I just saw these videos pop-up in my feed and red flags started going off immediately... But I have to admit I was kind of amazed how well A.I. can be used to bamboozle folks.
Glad I could help
Thanks for posting this. I had seen some videos about these crypto bots and didn't know anything about it, fortunately this video was among the suggested videos on one of them. One surprising thing I noticed about many of the commenters is that they don't appear to be new accounts, these look like legitimate users some of whom have been posting videos for years. I am guessing it could be stolen credentials or there are armies of bots for hire either way scammers are getting increasingly sophisticated it seems.
I legit saw a sponsored video for one of these that popped up on my feed. It looked wayyy to good to be true, so I had to look to see if it was legit or not. Your video popped up and I am very appreciative. 🙏
Awesome! Thank you!
Same here.
Thank you , they got me as well, but luckily I check it first:) are u from Lithuania? Your name sounds similar
Thank you for making this video, I lost about $120 about three years ago, these videos have been around for a while. Not a lot, but could have been prevented nonetheless.
If anyone saw this video, remember the first two video was also a scam, just checked the code, dont ever press the start button it will automaticly transfer the money that you put in ur contract address. I believe since Merunas update this video, they update their way to scam just changed some parameter.
Exactly
This video is EXTREMELY underrated. You're good people, bro!
nice
This is my first time in your channel. And the way you started the video made me think you lost 100k or even more. Didnt knew you were a dev. Anyways, I have a question. Is it possible to make a mev bot on sol?
It's possible to do MEV on solana, you can do arbitrage and even sandwiching if you know the right people
Hi Merunas. Is it possible to cancel the contract? I have done a smart contract for 0.2 ETH
Nope that money is gone
would you please review MEV Bridge? thanks
I felt for that scam couple of days ago and lost $1000. Interestingly I was not looking for any sort of this kind of videos, I was scrolling on X and stumbled upon one post from a guy talking about AI and how you can you use AI for what you have mentioned in your video. After I click the link in that post, it directed me to a youtube video with a guy explaining exactly what you have said except he showed his face on the video and I fell for it.
One question is: Is it safe to use my wallet again? Is there something I need to do to disconnect the code from my wallet?
if you shared your private key or seed phrase your wallet is compromised and it's not safe to use again
Thank you so much. I almost fell for it, but I just felt like it wouldn't be able to actually make transactions in my behalf because I don't grant access to my account or smth, so I had to dig deeper and found you. Again, thank you for being a good person.
nice thanks
I just reported one of these, I doubt UA-cam will do anything, tho. Glad I looked into this before connecting my wallet. Thanks for the video.
indeed
Awesome video man. I just ran across one of these scams. Didn’t fall for it because it seemed really sketch. Either way glad you are raising awareness.
awesome
amazing video i was on the way to test that magical bot ... but when i saw assembly code into solidity lol i stop :)
Good you stopped
You deserve so many more subs and views but you’re going to get it
When something seems to good to be true you have to know it’s a scam
every time i find a quick way to make absurd amounts of money, my head swaps to scam mode, I looked through the video through everything and to be honest besides the comments it seemed legit, so i thought id just look up if a scam like this exists, thank you for being a good person and instead of just making big cash just informing others to stay weary
Anytime
Thanks for putting this together and going through the details on the scam to understand it more! I almost lost money when i came across one of these scam videos!
Continue Catching these Scam artist Bro, Great Video! God Bless you
Thank you, I will
A few comments. I saw those videos and reported them to youtube. There are a couple of things to look from the channels
1. They have the scam video that is nicely edited and looks legit. But they include other videos on the channel with fancy titles and thumbnails to look like a legit channel. When you check the other videos they look completely fake. That is when you will realize the whole thing is a scam but the scammers are hoping that you will just check the titles and go back to the scam video.
2. When you check the comments they all come from accounts that were created on the same day. I was seeing Dec 13, 2023.
I hope those that lost money can recover it.
Good observation they are fake accounts created the same day sometimes
@@merunasg thank you for all the work you do.
thank you I was almost about to click on sent for .50eth, your video saved me THANK YOU
Glad it helped!
And yet, UA-cam is sponsoring these scams
I'm glad I found this video, was just about to make my first bot
The Remix website does warn people not to copy-paste random smart contracts and run them. Yet, people fall for these scams
It does warn people but nobody reads those
1 red flag on that JuliaDev video in description says "she" takes 0.01% for contract. SCAM!
Hey Merunas, Great video. How can I contact you personally. I'd like to hire you.
Send me a dm on telegram @merunas
Merunas! Thank you so much, man. I'm just getting into the MEV bots. Doing research about the possible underwater rocks. Your video will help immensely. Keep up the good work man! Stay strong.
Welcome aboard!
This space needs people like You, I just want to have a DEV to make a mev bot for me so I can make a SOL or a few a day, Im not greedy I just want to have enough SOL to play with during the bull run. Are You knowlegable enough to make one?
How do you easily fall for it? I have no interest in Crypto nor know much about it but when UA-cam (or any big company/creator/etc) start advertising "Make 1.3 ETH A DAY USING HERE!". You have to really wonder how legit it actually is. It might just be my cynical disposition towards a lot of shit in life but even then I know it just absolutely HAS to be a scam. It's literally a "Too good to be true" type scam.
People are blinded by greed, they fall for it all the time
Just don't randomly deploy shit you don't understand. It's not that hard.
People lose money everyday to those scams because of greed
@@merunasg or hope
I think they are adding more nuances to the scam, they've started to use real people now or at least really convincing AI avatars to present the content and the comments section seemed more natural. Can see loads of people falling for this unfortunately.
All what you said is true 100%, all the positive comments, weird ass profile picture, i start opening the comment account to see, just some nobodies, i posted a skeptic comment, didnt get any response hahahaha and then i found your video, thank you so much for saving the day brother, much love
All good brother saving thousands of dollars from scammers
I tried this and I cant get the event or log to produce the address.
The first video I saw of these scammers I got tipped off by reading all the bot comments. Take care and don't fall for these scammers.
Indeed
no way! very happy i found this, i was literally about to fund this bot and get it rolling tomorrow after more research tonight. Thanks a million!
Glad I could help!
Thanks!
thanks u a lot, is full of this unfortunately....
Thanks mate.... these nitwits almost scammed me but I pulled the breaks at a point and later saw this your video. You just earned a my subscription and a like....
Here to like and comment for the algorithm!! Need this video to get around
Appreciate it brother
Wow, people fall for this stuff? Come on, guys. Remember, if it’s too good to be true, 99.9% of the time, it is.
fml...i need to stop day trading and learn to be a scammer :)))
lol. It's not worth it brother. You'll lose everything
I was very suspicious when I saw a suspicious guy in the video, it looked like it was made by AI. And most of the comments were made on the same days, a pattern. I thought there might be a snippet of code where the bot sends its balance to the scammer.
They are made in AI
why couldn't a person analyze the code and change the address? or does the code actually do nothing apart from send the fee to the hidden address... interesting experiment to try
It sends the money to the scammer
rare content. Afrer a long time, i am seeing a truth speaker on youtube and right use of youtube
good stuff, what other content would you like to see?
ahh you are the world need right now. this explains a lot . there are "gratefull" comment mentioning some names, on those videos. i wonder if it lead to scam bot or to trader community or else.
I knew something was off when I watched two videos from different channels and the "voiceover" said the same script in exact order. Led me to do more research and came across your video. Thanks for this!
Glad I could help!
Thanks Bro! With your guidance, I was saved from a scam.
Glad I could help! Lord bless you
what if you made the wallet address yours? Would the bot transfer the coin to the proper place? They have the receiving address broken in 5 spots in the code what if you change it to your wallet? Would it work on doing the MEV function?
Bots don’t work with just smart contracts
I lost half an ETH to these scumbags. Thanks for raising a little bit of awareness.
Glad to help
They keep popping up as sponsored and I keep reporting them as spam but it feels like it's of no use.
Thnx a lot for waking people up. For sending these warning. You're doing great. Thnx
So nice of you
I fell for it. €450 bye bye. I saw it jumping to 0 and knew I got f**ked over...
It sucks doesn’t it? Those things are too good to be true
@@merunasg Yes, after it I honestly felt I deserved it. Bad karma anyway sandwiching...
i have a question, i got scammed like this and when i open the contract that i created with this remix site it still has the amount of ETH I put in.
Do i try to withdraw or not ?
@Felicia.Godswill what does this mean?
I bet soon you hit withdraw it will be sent to the hidden wallet address
Thank you for your video! I fell for one of the scams today, lost $2000 😂 learn the hard way
He’s on Instagram
Almost fell for it, good thing the deployment was 10X what shows in the video so I started digging. Is there a legit contract that can do those functions? Is it ethical to run such a contract? Meaning does it hurt other users? The idea itself is brilliant.
There are no contracts that work by themselves. You need a program that would interact with the contract that's what makes an MEV bot work. But 99% of those on the internet are scams
i gave chatgpt the code the scammer share to analyze, and gpt said the code is used for trading and arbitrage, and i asked gpt is the code anywhere looks scam? and gpt couldn't find any suspicious code, insane....
I thought that I never fall for this kind of scams or any scams, but here I am 907€ poorer. I feel stupid, but what the hell.. after I pressed "start" I started to check more info. Events in the wrong order..Couple bad nights incoming :D
It sucks indeed
I’m right there with you man…. I’m .5 ETH poorer. Wish I would have done more research. Just wish we could scam them back for our money. If anyone knows how it would be greatly appreciated
Thank you so much for this video which should be highly rated. Really it you are saving people's finances.
Glad it was helpful! Share it with your best crypto friend to keep him safe
Thanks! Very important Content.
Glad it was helpful!
great video showing the scammers wallet address
Glad you liked it
can youtube ppl "clean" and get rid off these scams?
YT has profit from these videos, they are not interested in any action to kill their cash cow; YT is part of this crime, it plays active role and promotes these videos... Maybe they want to harm crypto...
Hi thank for this video! Too Late for me but great video. So here is may situation and wanna know if anything is possible to retreived a part of my fund. Let me explain. At first i transfert/execute the scam bot to send 0.7ETH and it was stolen by the scam contract. But here the catch, after my first transfert, i was trying to withdraw and received a message: '' need more ETH for GAS fees'' So from my metamask i transfert directly to the contract address about 0.5 ETH. So my question is is there any chance to retreive back the last 0.5 ETH because this one appear in my balance on the contract. Maybe because i have not tranfert trough the bot i can have hope that a withdraw can be possible??? Thanks in advance for your point of view.
I did
thanks, i got scammed 2 days ago, nut with little amount. Is there a real opportunity to create real MEV bots that work?
Hi, is Crypto Chemist is a SCAM ? I just start this morning and start the contract. What to do to refund please ? 0.255 eth
You’ve been scammed
great vid, but I wish you would have covered how MEV bots *can be legit. Im new to mev bots/arbitrage and now I dont know if they are all scams or to what degree a realistic arbitrage bot can make/ how to know if its legit?
The only way to know if a bot is legit is by checking the transactions it made on etherscan
You just saved me .2 ETH Thanks!
No problem! If you'd like to help the channel you can donate here:
0xAFF55a5a0f0cdd3e6CC2B906548Cb94a9753B92F
thx for posting
You are a beast!!!
Thank you a lot!
I took the code and tried to adjust it so it will just work without anything sending to anyone, but I am not really sure.. is there a way I could send it to you for checking the code and tell me if I done it right?🤔
Glad it helped!
thank you for the genuine insight
You are WELCOME
@@merunasg I saw 3 mev bot ads past 2 days on UA-cam (so much scams on yt) they all say the same thing all (word for word), the hundreds of comments have Indians names like u stated. And a lot post at the same time...so many red flags and ppl still fall for it :(. I did my best to spam about the scam and warn ppl but I'm sure there are more fools our there ready to hand over their hard earned money to these crooks.
Ngl im pretty smart and i almost fell for it cus of how they seemed like they were warning ppl about scams.... within the scam.... 🤯 Shame.
Thank you, you saved my money.
Great video!!! Subscribed.
Awesome! Thank you!
When I first saw it I thought this was a scam. The math does not add up.
Just found out I lost 0.2 Eth. Too late to watch your video, but thanks!
Thank You for Helping People from loosing money....