cryptocurrency-users
cryptocurrency-users - organisation named in the AI Incident Database harm index.
What changed
Scammers used AI to create deepfake videos of Elon Musk promoting fraudulent investment opportunities. Over time, these scams have reportedly led to billions in investor losses. The deepfakes also use voice cloning technology. They have been distributed on social media and YouTube. In particular, they target the elderly, such as 82-year-old Steve Beauchamp, to invest significant sums. Despite efforts by platforms to remove these videos, the scams continue to proliferate.
Timeline
- 16 Dec 2024Deepfake Elon Musk Videos Have Reportedly Contributed to Billions in FraudIncident82%
- 16 Dec 2024Meeten Malware Campaign Reportedly Undermines Web3 Security Using AI-Legitimized BrandingIncident82%
PSF mapping
No PSF domains are mapped to this entity in the current public record.