A deepfake video of Elon Musk has been running wild on YouTube, tricking thousands of cryptocurrency investors.
The Scam
The livestream featured an AI-generated Musk announcing a “revolutionary” Tesla event and a “generous cryptocurrency giveaway.” Viewers were instructed to send their Bitcoin, Ethereum, or Dogecoin to a specific address, with the promise of doubling their investment.
The Trap
The livestream was highly realistic, with a convincing voice and backdrop. It appeared verified, adding to its credibility.
Targeting Celebrities
Celebrities with large social media followings are becoming prime targets for these scams. The deepfake technology used has advanced significantly, making it difficult to detect.
Technological Arms Race
As deepfake technology improves, so does the challenge of detecting and combating these scams. Experts warn that the tools to create deepfakes are becoming more accessible.
Staying Vigilant
Social media platforms and video hosting sites are working to enhance security, but individuals must also stay vigilant. Be critical of content that seems too good to be true.
