Hmm......
Scammers really don't get tired, do they? The numerous methods scammers use to scam their victims in the crypto space is already becoming overwhelming. But do we relent to fight against these scams? The simple answer is NO. Moreover, we don't need to know every scam method that these criminals utilise. Just as OP has pointed out, all we need to do is to learn more about security and privacy and avoid opting in to offers from unknown or unverified sources, so that we become difficult target for the scammers.

Indeed, scam activities in the crypto space is inevitable but most are avoidable if we take our security practices seriously.

Yeah, these scammer read human psychology so well. They figured out learners will definitely follow most instruction of the tutor, thus they capitalised on this singular weakness. I can't say people should always doubt their teachers because of this. But we have to be carefull of the kinds of tutorials we subscribe to. I believe even in the online space, we still have trusted individuals in every niche. A more practical approach would be to verify the authenticity of the program or tutorial you enrolled for before anything else.

Most scammer can actually tell if they will be successful with a particular person through the conversation they engage in just before they proceed to scam that person, they have that intelligence and knows how to make psychological trails that will keep their victims hooked till they have accomplished that which they started.

I advise people most time to not even engage because that is where the whole thing begins at, if you don't engage enough to give the scammers clue to your weak spot, they will not be able to know how well to get you scammed as they wish to. Your engagement with them help them to gather the information they will be needing necessary for the scam they are about to unleash on you.

For every verified teachers, there are channels to check on reviews about them to confirm their authenticity, so it is important like you said, before subscribing to any online tutor, make sure to check them out on how trusted they can be and if they beginning to ask for too many sensitive information, or leading you to building things that could give third parties access, be very mindful to continuing with them.

It just another story to remind people that are too eager for profit making to remember that those that claims to make you rich online do have family members and friends that ain't struggling in life, what makes you think you are exceptionally unique to be the person worth getting such information. The urge to make money has really made many people to loose their sense of reasoning to stop and think about certain offerings online by some strange dude who himself isn't even as rich as they claim but rather seeing you as a means to a fat wallet.

Yes.
What they do is create other accounts that acts like different persons that have had it worked for them. It's all done to make it look legit so the victims don't suspect but believe it to be true since others are speaking good about it.

Another important lesson to learn from this case is that, if by chance one sees a similar kind of thing and wants to check it out, the person should never test-run it on their main laptop, desktop or phone, but instead use a secondary laptop/sandbox machine that is primarily set aside for test running suspicious softwares and code like this. People should learn to treat every software or code that they get from strangers as to be untrustworthy until they have test run it on a seperate device and has confirmed that it is completely safe to use.

For someone who is extremely conscious with using programing code that they get from a strangers, after the person must have built the app/bot using what ever code they collected from that stranger on YouTube, the next thing the person would have done is to use a fresh wallet that they just deposited small funds to test it. But the mistake they made was to launch the code on their main device and probably also connected their main wallets to the bot, such a dumb thing to do.

For those whose eyes are on making money by any means, they end up getting scammed into things they shouldn't do or trust.

These crypto trading bots made by AI are becoming what the scammers are using to scam people. If I should advice, people should stay off any crypto trading bot they learn from any social media because that's the way they lured in losing their crypto

It can be technical and people mostly don't do that but if people don't quickly trust strange links and act immediately with given guides, they will not be scammed. They simply need to check with official site, check information and compare them together from two sources, then realize something wrong.

It's simple and easy.

People who skip this step will become most favorite potential victims of scammers and hackers.

If people can not Verify Electrum wallet, they can apply some advice in The paranoid user's security guide for using Electrum safely. Doing some of these steps can help them having better practice and security, even not perfect, it's better.

They need to at least verify the information, double check it with official websites. If skip the double check step, they accept very high risk to be scammed someday.

One thing I have come to understand is that the world hasn't gotten generous to such an extent where people would willingly share a trading bot that is 100% sufficient and reliable in making money. Money making opportunities are often kept private, rather than being left lying around in some random YouTube tutorial. My major concern is how people end up putting the money they've earned at risk just because they want to make more money. I won't dispute the fact that a lot of people actually lack a sceptical sense_{(not sure if that's an actual word)}, which makes them want to try everything that looks like a money making opportunity. But their inability to actually protect what they already have makes the whole thing even more disappointing. From the looks of things, we're yet to see the craziest level of social engineering attacks... It keeps getting sophisticated.

The bot even had a limit, it waits until they deposit more than 0.05 ETH, and every time a person, after installing the bot and connecting it with their wallet, hits withdraw and other operations, the money goes directly into the scammer's wallet.

This whole case is a lesson for developers who just started to use AI and watch tutorials without thinking about the code, files and links. I usually give these assets to AI and ask it to check if there is any backdoor, and ChatGPT and Claude could easily inspect them and guide us on how to use them properly.

Yeah.. but it can be indirect. The script can just be used as a means of inviting a malware on your PC a, this won’t stop the script from doing its job perfectly, just that it’s doing/ already did an  extra dirty job in background.

The malware may eventually works in background too without spooking any logged in users or it’s  just replaces some stuffs including the wallet, inject malicious code or file to the wallet files dir, so that may explain why.. But I don’t get why he keeps funding.. is he daft?

hmbdofficial gave a very valid advice. I am one of those persons that do not have coding or programming skills. Because I understand my level of knowledge, I try as much as possible to avoid bots/codes I don't understand. I generally do not feel good about using codes I don’t understand.  However, just as was suggested by hmbdofficial, using AI models to detect if the code is authentic isn't a bad idea. It is good to go extra to verify anything that involves you risking your money.

There are some things people can do to protect themselves without having high coding or programming skills. A simple prompting can still save someone from scam.