- Fake ChatGPT-branded tokens are hitting the market as scammers aim to capitalize on the AI tool's popularity.
- One issuer has created "dozens of tokens with a pump & dump scheme," said blockchain security firm PeckShield.
- A search on one platform turned up 170 tokens carrying the ChatGPT name.
ChatGPT's popularity has inspired scammers to unleash a wave of unauthorized cryptocurrencies designed to appear as if they're affiliated with the chatbot that's sparked 2023's AI investing frenzy.