Key Takeaways
- Crypto traders and X users are impressed by GrokAI’s stance of not picking a winner in a $1,000 giveaway.
- Crypto Rover’s giveaway price for $1,000 if Ethereum crosses $3,750 gets flagged as fraudulent by GrokAI.
- GrokAI cites a past independent investigation of ZachXBT on Crypto Rover’s pump-and-dump schemes.
The recent saga of selecting a random winner from a giveaway hosted by Crypto Rover has garnered significant attention following GrokAI’s refusal to pick a winner, citing an independent investigation carried out in the past by on-chain Sleuth ZachXBT, which addressed the fraudulent activities of Crypto Rover.
GrokAI cited different instances of these activities and refused to pick a winner on multiple occasions, which has shocked many traders and investors who have otherwise applauded GrokAI. ZachXBT also highlighted how crypto regulators have struggled to deal with influencers who engage in pump-and-dump market schemes.
GrokAI Refuses to Pick a Winner
Crypto influencer Crypto Rover, with over 1.2 million followers on X, hosted a $1,000 giveaway for his active followers if the price of Ethereum surpasses $3,750. Participants were expected to follow, like, and report, and GrokAI was expected to pick a winner in 24 hours.
GrokAI, after 24 hours, refused to pick a winner, stating that an investigation was conducted by ZachXBT on Crypto Rover in February 2024 regarding different pump-and-dump schemes and failure to fulfill promotional obligations.
According to a report carried out by ZachXBT, Crypto Rover failed to fulfill his obligation for promotional services for a crypto project, despite being paid over $10,000, claiming he would post the promotional content during better market conditions.
GrokAI also highlighted some previous pump-and-dump activities engaged in by Crypto Rover, as the AI tool impressed many people on crypto Twitter with its stance of not picking a winner.
A tweet from ZachXBT has demonstrated how GrokAI leverages past data to perform certain behavioural actions, also flagging fraudulent activities, as the AI tool made it clear in its response to avoid any association with activities that pose a threat to users.
This action has also demonstrated how AI tools like Grok utilize real-time data to gatekeep the crypto space, despite its fast-moving nature, leaving many crypto regulators struggling to keep up.
Additionally, crypto regulators can leverage AI’s ability to process on-chain data and social sentiment to make informed decisions instantly, as these tools utilize prompts with no delays.
Conclusively, the crypto saga between GrokAI, Crypto Rover, and on-chain Sleuth ZachXBT is evidence of how AI tools leverage past data to project or address crypto fraud events where crypto regulators have struggled.
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