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The Financial Ways
The Financial Ways
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Cryptocurrency

Google Gemini implicated in $69K crypto scam report

A crypto investigator’s report claims Google Gemini erroneously vetted a fraudulent energy rental site, leading roughly 80 users to lose $69,651 in September. The platform, Tronify.rent, had been flagged by security researchers for phishing months prior, yet continued to operate despite multiple abuse reports filed with its registrar.

Google Gemini implicated in $69K crypto scam report

The report, published by JP of IOC Investigations, alleges that at least one victim consulted Gemini about the site's legitimacy before connecting their wallet. According to the investigator, the AI service characterized the website as safe. While Google has not confirmed the specific interaction, the company maintains that its generative AI models are prone to errors and advises users to independently verify any financial or security-related information provided by its tools.

Security firm PhishDestroy had previously assigned Tronify.rent a critical threat rating of 90/100, citing crypto-scam signals and brand impersonation. Despite abuse reports being sent to the domain registrar as early as April, the site remained active. Tronify.rent marketed itself as a noncustodial service for TRON energy rental, but victim reports suggest a classic wallet-draining scheme where connecting a wallet leads to immediate fund depletion. The site claimed to be a Florida-based entity with SOC 2 compliance, though no public audits support these assertions. The incident highlights the growing risk of bad actors leveraging AI's perceived authority to lend credibility to malicious infrastructure.

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