AI just caught a massive crypto fraud red-handed. Someone used ChatGPT to unravel a sophisticated pig-butchering scheme that drained victims of over $1 million.

For those unfamiliar, pig-butchering scams are elaborate cons where fraudsters build fake relationships over weeks or months, gradually convincing targets to invest in bogus crypto platforms. The "fattening up" phase ends when they vanish with the funds.

What's wild here? ChatGPT apparently helped connect the dots—analyzing transaction patterns, identifying suspicious wallet addresses, and piecing together the scammer's digital footprint. This marks one of the first documented cases where AI assisted in exposing a major crypto fraud operation.

The takeaway: while scammers get more creative, detection tools are evolving too. But honestly, the best defense remains skepticism. If someone you barely know is pushing you toward "guaranteed returns" on a trading platform you've never heard of, that's your signal to bail.

Stay sharp out there. Million-dollar lessons don't come cheap.