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BlockGPT, a ChatGPT-style Web3 firm, has been confirmed to have carried out a rug pull, stealing $256,000 in pre-sale funds. Bloomberg has come under fire for lack of a proper disclaimer after a paid press release of the scam project made it to its website. The blockchain security firm CertiK and PeckShield have both confirmed the rug pull. BlockGPT had planned to create a ChatGPT-style artificial intelligence system on the blockchain. There are two tokens associated with the project, BGPT and AIBGPT.