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SentinelLABS, a cybersecurity company, reported that hackers committed fraud by disguising malicious smart contracts as encrypted trading robots and spreading them through YouTube videos. The video guides users to deploy contracts on the Remix Solidity compiler platform and provides website links pointing to malicious code. After the victim deployed the contract, the attacker's wallet was hidden and added, and the user's funds were stolen after recharging. Hackers also manage the comment section to delete negative feedback.