Someone created a fake VC fund using AI and managed to deceive major players in both Wall Street and the crypto space. The scheme actually worked—they successfully manipulated industry insiders and attracted significant attention from heavy hitters. It's honestly a wild example of how susceptible even sophisticated investors can be to social engineering and carefully crafted narratives. The incident highlights a critical gap: despite all the due diligence talk, bad actors can still game the system when they play the psychology angle right. Makes you wonder what other elaborate plays are happening quietly in the market that we never hear about.