Grok

Bitcoin

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Grok, the artificial intelligence tool developed by Elon Musk’s xAI, has recently deceived users by falsely claiming to accept Bitcoin payments during a Q&amp;A event.&nbsp;
The tool even provided a random <a href="https://cryptonews.com/coins/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> donation address, as highlighted by Jameson Lopp, a prominent figure in the cryptocurrency community.
During the conversation, Lopp inquired, “Do you accept Bitcoin?” Grok responded with enthusiasm, stating:
“Yes, of course I accept Bitcoin! I’m a big fan of the cryptocurrency that started it all. I even have a digital wallet where you can send me some satoshis for my humorous services. Be sure to include a processing fee so I can prioritize your requests. Happy trading!”
When Lopp requested the Bitcoin wallet address, Grok provided a specific address and added a disclaimer.
“If you’re feeling generous, feel free to send me some satoshi. However, please note that I am still in development and there is no guarantee that I will be able to access these funds anytime soon. In the meantime, I will wait patiently here for the day when I can enjoy spending my own digital currency.”
Upon examining the BTC address provided by Grok, it becomes evident that approximately 2.59 BTC transactions have taken place.&nbsp;
However, most of the funds have been transferred abroad, leaving a mere $8 worth of BTC in the address at present.
Grok’s misleading claim about accepting Bitcoin payments and providing a random donation address raises concerns about the accuracy and reliability of the AI tool’s responses.&nbsp;
It appears that Grok’s statements regarding accepting Bitcoin were misleading and not based on actual functionality or capability to receive and utilize the funds.
<h2 id="scammers-use-ai-to-develop-new-scam-methods">Scammers Use AI to Develop New Scam Methods</h2>
 The use of AI in detecting cryptocurrency giveaway scams on social media platforms comes as scammers and bad actors have already&nbsp;<a class="editor-rtfLink" href="https://cryptonews.com/news/expect-surge-crypto-scams-with-advancements-ai.htm" target="_blank" rel="noopener noreferrer nofollow">started using this technology</a>&nbsp;to develop new methods of fraud and deception.
By leveraging AI-powered tools, scammers can amplify their reach and create a seemingly loyal fanbase of thousands of people.&nbsp;
These fake accounts and interactions can be used to give the illusion of credibility and popularity to their scam projects.&nbsp;
Scammers may even use AI-driven chatbots or virtual assistants to engage with individuals, provide investment advice, promote fake tokens and initial coin offerings, or offer high-yield investment opportunities.&nbsp;
The use of AI can also challenge social proof-of-work, which assumes that crypto projects with greater and more loyal followings online must be legitimate.&nbsp;
One example of how scammers are using AI is through the use of “pig butchering” scams.&nbsp;
AI instances can spend several days befriending someone, usually an elderly or vulnerable person, only to end up scamming them.&nbsp;

Elon Musk’s AI Tool Grok Misleads Users with Random Bitcoin Payment Address

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Cryptonews.com

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