Scammers are once again capitalizing on the popularity of Elon Musk’s artificial intelligence chatbot Grok, with fake tokens again emerging as part of potential phishing attacks.
A wallet linked to former Binance CEO Changpeng “CZ” Zhao received 90 million fake Grok (GROK) tokens on April 21, according to blockchain security firm PeckShield.
The tokens are “likely a scam,” since the “deployer distributed it to multiple addresses via multisend,” PeckShield said.
The X platform’s Grok AI chatbot has no official cryptocurrency and no plans to launch one in the future.
Related: Bitcoin up 33% since 2024 halving as institutions disrupt cycle
Fake Grok-related tokens first emerged in 2023 when a scammer deployed an ERC-20 Grok token on Ethereum, which led to an over 90% drop after the deployer sold 0.5% of the total supply, according to blockchain data visualization platform, Bubblemaps.
