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Cryptocurrency scammers use Elon Musk deep fake

Cybercriminals are promoting a spoof BitVex trading platform to steal cryptocurrency

by Guru Writer
May 26, 2022
in Cyber Bites
doge coin
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Deep fakes depicting videos of Elon Musk and other prominent figures in the cryptocurrency scene are promoting a BitVex trading platform scam that steals deposited currency.

The spoof BitVex crypto trading platform claims to be owned by Tesla CEO Elon Musk, saying in the deep fake that he created the site to allow investors to earn up to 30% returns on cryptocurrency deposits.

The videos are created by modifying legitimate interviews with deep fake technology to the crypto-advocate’s voice in a script supplied by the scammers.

 

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