First things first, Elon Musk is in no way associated to Quantum AI and it’s cryptoscam. Neither is Tucker Carlson or any of the personalities used for promotions. It’s all DEEP FAKES! In the ever-evolving realm of cryptocurrencies, the allure of quick profits has not only attracted legitimate investors but also a new breed of scammers. These scammers, operating on the fringes of technology, have found ways to exploit artificial intelligence (AI) for their illicit schemes. In this blog, I will delve into the dark side of AI, exploring how it is being used to perpetrate crypto scams that bear eerie similarities to Ponzi schemes. Specifically I will look at a recent scam I was made aware of, Quantum AI.

The Crypto Scam Landscape

Before we delve into the misuse of AI in crypto scams, it’s crucial to understand the nature of these fraudulent activities and their resemblance to Ponzi schemes.

1. Ponzi-Like Deception: Much like Ponzi schemes, crypto scams lure unsuspecting victims with promises of astronomical returns on their investments. Scammers craft narratives of guaranteed profits through various investment vehicles, often citing fabricated success stories to create an aura of credibility. In this case, the links pointed to Fake websites that looked like the official sites of CNN or Forbes.

I looked up Johnathan Ponciano. He is a real reporter with Forbes and unfortunately a victim of this scheme. I sent him a message about it.

These scams will also use urgency to make you decide quickly. Fake, fake, fake!

2. Shadowy Operations: In the spirit of Ponzi schemes, crypto scam operators often conceal their true identities, making it virtually impossible for victims to unmask or hold them accountable. In this case the actual website is which was created only a few days ago with And finally the registration is with an anonymizer service,, which is based in Reykjavik, Iceland,

3. Recruitment and Expansion: Just as Ponzi schemes rely on the recruitment of new investors to pay off earlier ones, crypto scams thrive by continuously bringing in fresh victims. This cycle sustains the illusion of profitability until you want to take money out. Then you have to pay “fees” and more fees and you never get any money. I’ve had clients who lost several thousand dollars! This scam even pretends to have a positive social impact…

AI’s Role in Perpetrating Crypto Scams

Now, let’s explore how AI is playing a pivotal role in enabling crypto scams:

1. Sophisticated Phishing: AI-powered algorithms can craft convincing phishing emails and websites that imitate legitimate cryptocurrency platforms. These scams trick users into sharing sensitive information, such as private keys or wallet credentials, leading to the theft of their assets.

2. Social Engineering: AI-driven chatbots and voice synthesizers can simulate human interactions, making it easier for scammers to manipulate victims through online chat or voice calls. These deceptive tactics increase the chances of users falling for fraudulent schemes.

3. Fake News and Pump-and-Dump Schemes: AI-generated fake news articles and social media posts can artificially inflate the reputation of certain cryptocurrencies, driving up their prices. Scammers then sell off their assets at a profit, leaving unsuspecting investors with worthless tokens.

4. Targeted Scam Campaigns: AI can analyze vast datasets to identify potential victims based on their online behavior and preferences. Scammers can tailor their scams to appeal specifically to these individuals, increasing the likelihood of success.

Comparing Crypto Scams to Ponzi Schemes

While crypto scams share similarities with Ponzi schemes, the use of AI introduces unique aspects to the deception:

1. Technological Advantage: Crypto scams leverage cutting-edge AI technologies to craft convincing schemes, making them more sophisticated and harder to detect than traditional Ponzi schemes.

2. Global Reach: The decentralized nature of cryptocurrencies allows AI-powered scams to target a global audience, whereas traditional Ponzi schemes are often limited in scope.

3. Evasive Tactics: AI enables scammers to remain anonymous and change tactics quickly, making it challenging for authorities to track and apprehend them.


The misuse of artificial intelligence in crypto scams represents a dark and evolving facet of the cryptocurrency landscape. While AI has tremendous potential for legitimate applications, it is essential to remain vigilant and skeptical in this digital age. There is a great review of this scam here

To protect oneself from the alluring but perilous world of crypto scams, individuals must stay informed, exercise caution, and be wary of too-good-to-be-true promises. As scammers continue to harness AI for their illicit schemes, it’s crucial for users to educate themselves and seek out reliable sources of information to navigate the cryptocurrency space safely.

If you have any questions or want to book a free consultation, contact me on LinkedIn. It is the best place to reach me.