Scammy DeepSeek AI Crypto Tokens Spread on Solana and Ethereum – BitRss

The sudden rise of DeepSeek, a cheap and efficient Chinese AI model, isn’t just depressing the stock market and Bitcoin’s price—it has also prompted the creation of dozens of phony meme coins and imposter sites looking to swindle crypto users. 

In the last day alone, over 75 coins claiming to be official DeepSeek tokens have proliferated— primarily on Ethereum and Solana—according to Blockaid, a crypto security startup. 

DeepSeek has not issued a token, nor does the company have any relationship to crypto whatsoever. But the recent popularity of tokens tied to AI-related projects has likely encouraged scammers to assume that traders eager to get in on the DeepSeek hype will make the connection between AI and crypto… and not ask further questions.

“It’s not hard to imagine how a trader who’s not following closely…