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Deepfake Alarm: Dorsey Warns, Musk Questions Amid Crypto Scam

Deepfake Alarm: Dorsey Warns, Musk Questions Amid Crypto Scam

CoineditionCoinedition2024/06/24 20:34
By:Abdulkarim Abdulwahab
  • Jack Dorsey warns deepfakes will make it hard to distinguish real news from fake.
  • Elon Musk questioned whether the online community has not already reached the point.
  • Elon Musk impersonator uses deep fake to promote fake crypto giveaways.

Jack Dorsey, former Twitter CEO, has issued a stark warning about the rising peril of deepfakes, predicting a future where distinguishing reality from online fabrications becomes increasingly difficult.

Driving home the point, Dorsey urged his audience to be cautious and verify all information, even his own words. “Don’t trust me,” he said. “You have to experience it for yourself.”

Elon Musk, the owner of X (formerly Twitter), responded to Dorsey’s comments on the platform, questioning whether the online community has already reached a point where reality and fiction are nearly indistinguishable.

This comment comes amid a YouTube Live broadcast featuring a deepfake of Elon Musk, which was used to promote a cryptocurrency giveaway scam targeting thousands of viewers. The five-hour stream showed a convincing fake Musk promoting a bogus cryptocurrency scheme.

The scam instructed viewers to deposit their Bitcoin, Ethereum, or Dogecoin into a website, promising to return double the amount deposited. The convincing deepfake, complete with an AI-generated voice, was designed to look like a livestream from a Tesla event.

At its peak, the stream attracted over 30,000 viewers, making it a top recommendation on YouTube’s Live Now section. However, it is unclear how many of these viewers were genuine, with the possibility of bots inflating the numbers.

The scam was perpetrated by an account impersonating Tesla, which had even obtained the Official Artist Channel verification badge. A subsequent report suggests that Google has removed both the video and the channel.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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