  Recent advances in the field of large language models (LLMs), particularly
the ChatGPT family, have given rise to a powerful and versatile machine
interlocutor, packed with knowledge and challenging our understanding of
learning. This interlocutor is a double-edged sword: it can be harnessed for a
wide variety of beneficial tasks, but it can also be used to cause harm. This
study explores the complicated interaction between ChatGPT and the growing
problem of cryptocurrency fraud. Although ChatGPT is known for its adaptability
and ethical considerations when used for harmful purposes, we highlight the
deep connection that may exist between ChatGPT and fraudulent actions in the
volatile cryptocurrency ecosystem. Based on our categorization of
cryptocurrency frauds, we show how to influence outputs, bypass ethical terms,
and achieve specific fraud goals by manipulating ChatGPT prompts. Furthermore,
our findings emphasize the importance of realizing that ChatGPT could be a
valuable instructor even for novice fraudsters, as well as understanding and
safely deploying complex language models, particularly in the context of
cryptocurrency frauds. Finally, our study underlines the importance of using
LLMs responsibly and ethically in the digital currency sector, identifying
potential risks and resolving ethical issues. It should be noted that our work
is not intended to encourage and promote fraud, but rather to raise awareness
of the risks of fraud associated with the use of ChatGPT.
