Beware Of This Elon Musk Deepfake Crypto Scam Video
Last Updated on 28 May 2022 by CryptoTips.eu
Scammers are clearly improving their game. Whereas a few years ago you could easily spot the ‘Nigerian prince scam’ or the ‘Microsoft technician’ calling you to say there’s a problem with your computer, by now they’ve gone to deepfakes and celebrities.
A deepfake is a video made by artificial intelligence where a celebrity’s face is made to say things he didn’t, in order to pursue a goal of either scaring the public or getting them to believe that the celebrity has changed their views. The most famous ones so far (non sexual of course) are Mark Zuckerberg claiming he’ll keep all your ‘stolen data and all your secrets’ as well as Ukrainian president Volodymyr Zelensky telling his soldiers to surrender to the Russian army.
Elon Musk's deep fake video promoting a new cryptocurrency scam going viral. The video claims that the trading platform is owned by Elon Musk, and offers 30% returns on crypto deposits. @elonmusk pic.twitter.com/iJeUvHYc5p
— DogeDesigner (@cb_doge) May 24, 2022
Life in jail
Now, crypto scams are also getting more inventive. This week, a video featuring Tesla CEO Elon Musk went viral. It showed how Bitcoin investors could make huge returns if they poured their money into a certain cryptocurrency scheme. Musk can be heard talking about a “new investment project” that people should put their money in to make “30% dividends every day for the rest of their life.”
The Tesla CEO confirmed earlier this week that the video wasn’t real. “Yikes. Def not me,” he tweeted.
Musk’s friend over at Dogecoin (He pushed Dogecoin last night by confirming you could now buy SpaceX merchandise with it), Billy Markus, pointed out how bad the deepfake was.
He said:
Someone stupid enough to invest in that deserves to lose their money, but at the same time the scammers deserve to spend their life in jail.
Like literally anyone watching that and thinking it’s real would lose their money to anything.