Overview

• Scammers use aged YouTube accounts and AI-generated videos to advertise MEV trading bot tutorials that direct users to deploy code on Remix under the guise of arbitrage tools.
• The embedded smart contracts employ obfuscation techniques—such as XOR operations, string concatenation and large hex conversions—to conceal attacker-controlled addresses and fallback drain mechanisms.
• The address linked to the YouTube user @Jazz_Braze has received 244.9 ETH, roughly $900,000, as part of a wider campaign that has siphoned over $1 million in total.
• SentinelLABS traced stolen funds through more than two dozen secondary wallets, revealing systematic laundering efforts that complicate fund recovery.
• Researchers are monitoring new scam channels and caution crypto users against deploying any unverified bot code promoted on social media to avoid irreversible losses.