Project claiming to be ‘AI-powered’ drains $1M from users

Project claiming to be ‘AI-powered’ drains $1M from users

Project claiming to be ‘AI-powered’ drains $1M from users

AI Rug Pull

Harvest Keeper, a project claiming to be 'AI-powered' with the goal of optimizing trading processes, has been accused of draining $1M from investors. For its scheme, the project promised investors a 101% return on investment within 21 days. Unfortunately, these claims of huge returns without any credible evidence were nothing more than false promises.

Investors were deceived since Harvest Keeper had no real roadmap and no working products to back its false claims. Not surprisingly, investors never received their promised and earned returns, which resulted in Harvest Keeper being branded an "AI rug pull."

The fraudulent activity of Harvest Keeper was an important lesson to all investors and traders alike, reminding us that no one should invest in a project without conducting thorough research and due diligence first. After all, while the potential rewards of investing can be high, so are the risks of getting scammed. Becoming an informed investor and carefully assessing the project is key to avoiding future scams.