According to the FBI, Robb lured investors via Telegram and X by boasting of a “maximum extractable value” (MEV) bot that was guaranteed to generate astronomical profits. He even used bizarre messages such as “Poof, you’re a millionaire” accompanied by cartoon images to lure victims.
The dream quickly turned ugly for investors. Despite repeated excuses and delays, Robb’s robot was never implemented. The FBI report details how Robb diverted funds to personal expenses, including a luxury car, luxury vacation, and even a two-year rental of a luxury suite, rather than using them for development.
Robb’s arrest in Las Vegas serves as a stark reminder for crypto investors: Be wary of unrealistic promises, especially those actively promoted on social media. It is important to do thorough research and apply healthy skepticism before investing in any project.
Source: Ferra
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