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Pretend crypto bot scammer allegedly advised buyers, ‘Poof, you’re a millionaire’

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Robb allegedly despatched a message studying, “Poof, YOU’RE A MILLIONAIRE” to 1 Telegram group, accompanied by this picture of a purple fairy sporting a mushroom cap. The message promised recipients they may strike it wealthy in the event that they used Robb’s MEV bot and invested within the cryptocurrency $RAT and the satirically named token NoRugz.

A screenshot of a Telegram message allegedly despatched by Robert Robb to potential buyers.
Picture: FBI affidavit, Case No. 1:24-MJ-100

It says Robb requested crypto buyers over Telegram and different social media for cash to construct a “Most Extractable Worth” or MEV, crypto buying and selling bot. However after buyers despatched the funds, the bot by no means materialized. Traders interviewed by the FBI stated that Robb made a number of excuses for the bot’s delay and by no means complied with any requests for refunds.

The bot described by Robb would supposedly scan blockchain networks to seek out worthwhile buying and selling alternatives and execute them mechanically, however there’s no proof that know-how can really work over an prolonged interval. This hasn’t stopped crypto scammers from pushing fake bots on YouTube, X, and different social media websites and making unlikely guarantees of 10x to 100x returns on their investments.

Robb steadily posted concerning the MEV bot he was constructing on X and the crypto social media platform Pal.Tech. In DMs to buyers, he claimed he had constructed a prototype of a bot that was ok to yield “monumental returns.” 

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The FBI alleges that over the course of some weeks in 2023, Robb collected at the very least $1.5 million from buyers. However as a substitute of the funds going towards constructing a crypto buying and selling bot, Robb transferred many of the cash to his private financial institution accounts. The FBI’s overview of Robb’s monetary transactions indicated that he spent a few of the cash on a two-year lease of an government suite on the Denver Broncos Mile Excessive Stadium, a luxurious Jeep, and a keep at a trip resort within the Bahamas. 

The 46-year-old Robb was arrested in Las Vegas on March twentieth, in accordance with a screenshot of records from the Henderson Police posted by crypto detective ZachXBT on X. The Verge has reached out to Henderson County to request Robb’s police information.

Robb, who posts on X underneath the deal with pokerbrat2019, claims in his bio that he’s a previous sufferer of extortion. Over the previous yr, he’s tweeted steadily about MEV bots and steadily warned his followers to look out for crypto scams. 

Robb hasn’t posted because the day of his arrest. His final put up, printed at 12:38PM ET on the morning of his arrest, chided his followers for being “far too predictable” and promised an upcoming Solana bot.

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