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https://www.productionai.institute/graph/entities/aiid-cryptocurrency-users

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Production AI Institute public record · cryptocurrency-users · observed 2024-12-16
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cryptocurrency-users

cryptocurrency-users - organisation named in the AI Incident Database harm index.

Confidence
70%
Sources
6
Events
2
Observed
observed 589d ago
cryptocurrency-users

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.

  • How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammerhttps://www.nytimes.com/interactive/2024/08/14/technology/elon-musk-ai-deepfake-scam.html
  • Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.https://www.cbsnews.com/texas/news/deepfakes-ai-fraud-elon-musk/
  • AI Incident Database - Incident 795https://incidentdatabase.ai/cite/795/

Timeline

  1. 16 Dec 2024Deepfake Elon Musk Videos Have Reportedly Contributed to Billions in Fraud
    Incident82%
    • How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammerhttps://www.nytimes.com/interactive/2024/08/14/technology/elon-musk-ai-deepfake-scam.html
    • Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.https://www.cbsnews.com/texas/news/deepfakes-ai-fraud-elon-musk/
    • AI Incident Database - Incident 795https://incidentdatabase.ai/cite/795/
  2. 16 Dec 2024Meeten Malware Campaign Reportedly Undermines Web3 Security Using AI-Legitimized Branding
    Incident82%
    • Meeten Malware: A Cross-Platform Threat to Crypto Wallets on macOS and Windowshttps://www.cadosecurity.com/blog/meeten-malware-threat
    • AI-powered deception: The sneaky macOS malware masquerading as your next video callhttps://www.foxnews.com/tech/ai-powered-deception-sneaky-macos-malware-masquerading-your-next-video-call
    • AI Incident Database - Incident 870https://incidentdatabase.ai/cite/870/

PSF mapping

No PSF domains are mapped to this entity in the current public record.

Source trail (6)

primary · checked 15 Sept 2024

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secondary · checked 9 July 2026

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secondary · checked 9 July 2026

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secondary · checked 16 Dec 2024

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secondary · checked 16 Dec 2024

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secondary · checked 16 Dec 2024

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"cryptocurrency-users." https://www.productionai.institute/graph/entities/aiid-cryptocurrency-users (observed 2024-12-16; retrieved 2026-07-28). PAI.

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