Scammers Use Gemini to Sell Fake Google Cryptocurrency

Lead

Scammers are using Google's Gemini chatbots to trick people into buying a fake cryptocurrency called Google Coin. The scam surfaced in June 2024 and involves a fake pre-sale website where an AI assistant convincingly persuades victims to send money to criminals.

Development Section

The Gemini-powered chatbots, Google's AI model that answers natural language queries, are embedded in the fake site. Upon visiting, users are greeted by the virtual assistant, which explains the supposed benefits and exclusivity of "Google Coin." The bot answers technical questions, simulates transparency, and guides users to payment without raising suspicion.

The AI integration lets scammers tailor conversations and adapt replies to each victim's profile. The fake site features a professional design and uses Google's logos to boost credibility. Because Gemini can hold detailed dialogues, the scam is more persuasive than traditional email or generic message approaches.

Security experts say this AI misuse marks a new generation of online scams. Unlike classic attempts, which often have glaring errors and weak pitches, Gemini lends the scam a legitimate appearance. The automated assistant answers complex questions, provides "data" about the coin, and even simulates terms of service, increasing victim trust.

The impact is broad: anyone can fall for it, not just crypto-savvy users. Since Gemini is a recognized product and Google has no official digital currency, the brand misuse boosts the scam's effectiveness. Exact victim numbers or stolen amounts are unknown, but warnings circulate in security and tech communities.

Developments and Outlook

So far, Google has not officially commented on the case, but experts advise caution with crypto offers using well-known brands. AI platforms like Gemini face pressure to strengthen safeguards against malicious chatbot use. The trend suggests more scams will emerge, exploiting AI assistants' growing presence on sites and apps.

The key warning is for users to be skeptical of any "exclusive" investment offers and always verify official sources before sending money. The case highlights the need for digital literacy and stronger tools to detect malicious automation.

Gemini's misuse shows how generative AI can be twisted by scammers to legitimize fraud, raising risks for the public. Readers should note: major companies like Google have not launched cryptocurrencies nor conduct pre-sales via chatbots.