Elon Musk’s AI Tool Grok Misleads Users with Random Bitcoin Payment Address

Artificial Intelligence Elon Musk
Author
Author
Ruholamin HaqshanasVerified
Part of the Team Since
Oct 2021
About Author

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Last updated: 
Image Source: Pixabay

Grok, the artificial intelligence tool developed by Elon Musk’s xAI, has recently deceived users by falsely claiming to accept Bitcoin payments during a Q&A event. 

The tool even provided a random Bitcoin (BTC) donation address, as highlighted by Jameson Lopp, a prominent figure in the cryptocurrency community.

During the conversation, Lopp inquired, “Do you accept Bitcoin?” Grok responded with enthusiasm, stating:

“Yes, of course I accept Bitcoin! I’m a big fan of the cryptocurrency that started it all. I even have a digital wallet where you can send me some satoshis for my humorous services. Be sure to include a processing fee so I can prioritize your requests. Happy trading!”

When Lopp requested the Bitcoin wallet address, Grok provided a specific address and added a disclaimer.

“If you’re feeling generous, feel free to send me some satoshi. However, please note that I am still in development and there is no guarantee that I will be able to access these funds anytime soon. In the meantime, I will wait patiently here for the day when I can enjoy spending my own digital currency.”

Upon examining the BTC address provided by Grok, it becomes evident that approximately 2.59 BTC transactions have taken place. 

However, most of the funds have been transferred abroad, leaving a mere $8 worth of BTC in the address at present.

Grok’s misleading claim about accepting Bitcoin payments and providing a random donation address raises concerns about the accuracy and reliability of the AI tool’s responses. 

It appears that Grok’s statements regarding accepting Bitcoin were misleading and not based on actual functionality or capability to receive and utilize the funds.

Scammers Use AI to Develop New Scam Methods

The use of AI in detecting cryptocurrency giveaway scams on social media platforms comes as scammers and bad actors have already started using this technology to develop new methods of fraud and deception.By leveraging AI-powered tools, scammers can amplify their reach and create a seemingly loyal fanbase of thousands of people. These fake accounts and interactions can be used to give the illusion of credibility and popularity to their scam projects. Scammers may even use AI-driven chatbots or virtual assistants to engage with individuals, provide investment advice, promote fake tokens and initial coin offerings, or offer high-yield investment opportunities. The use of AI can also challenge social proof-of-work, which assumes that crypto projects with greater and more loyal followings online must be legitimate. One example of how scammers are using AI is through the use of “pig butchering” scams. AI instances can spend several days befriending someone, usually an elderly or vulnerable person, only to end up scamming them. 

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,120,353,399,664
-3.11
Trending Crypto

More Articles

Price Analysis
Bitcoin Price Prediction: Fidelity Flags a $65K Bottom – Is the Cycle Breaking?
Arslan Butt
Arslan Butt
2025-12-20 11:35:13
Blockchain News
Address Poisoning Scam: One Copy-Paste Mistake Cost a Crypto Trader $50 Million
Anas Hassan
Anas Hassan
2025-12-20 11:20:53
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors