A coin is set aflame to reveal a digital wireframe underneath.

Illustration by Alex Castro / The Verge

Robert Robb allegedly convinced several crypto investors to send him $1.5 million to build a too-good-to-be-true crypto trading bot, according to an FBI affidavit viewed by 404 Media and CourtWatch.

Robb allegedly sent a message reading, “Poof, YOU’RE A MILLIONAIRE” to one Telegram group, accompanied by this image of a purple fairy wearing a mushroom cap. The message promised recipients they could strike it rich if they used Robb’s MEV bot and invested in the cryptocurrency $RAT and the ironically named token NoRugz.

Image: FBI affidavit, Case No. 1:24-MJ-100
A screenshot of a Telegram message allegedly sent by Robert Robb to prospective investors.

It says Robb asked crypto investors over Telegram and other...

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