Case period: Campaign studied in early 2024. This article is a retrospective review.
The historical campaign
In a 28 March 2024 report, Scam Sniffer examined tutorials promising passive income from MEV bots. The pages imitated publishing platforms and walked readers through deploying and funding a contract. According to the analysis, functions presented as operating or withdrawing from the bot instead sent the deposited ETH to the scammer.
Why the tutorial looked credible
A long explanation, a video and a working deployment tool can make a sequence feel legitimate. None establishes what the deployed code will do. In this case the victim was encouraged to carry out the technical steps personally, which can create a misleading sense of control.
Questions worth asking
Before trusting a tutorial with funds, identify where value can move and who controls each destination. Function names such as start or withdraw are descriptions chosen by the author, not security guarantees. Do not treat a successful deployment or a small initial deposit as proof of a profitable strategy. Preserve the tutorial URL and deployed contract address if reporting a suspected scam. This article summarizes the researcher's historical findings and makes no claim about the total number of such sites operating today.
Source and review date
Scam Sniffer — original source. Source published: 2024-03-28. Source checked: 2026-10-23.
This is an original Wallet Beep editorial summary. Consult the linked source for its full context and any later updates.