this post was submitted on 12 May 2024
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[–] [email protected] 2 points 7 months ago

This is the best summary I could come up with:


No, Elon Musk didn't create the shady crypto trading website that a random person on Facebook is telling you to invest in.

As the technology behind artificial intelligence advances, scammers are increasingly using deepfakes to dupe their victims into handing over cash.

"Deepfakes" leverage artificial intelligence to mimic the face and voice of a person in a video or audio clip.

The group in Hong Kong claimed to provide a cryptocurrency trading service using underlying artificial intelligence.

Authorities said the group used deepfake videos of Musk to deceive victims into thinking that he was the developer of the technology, lending the fake company an air of legitimacy.

Hong Kong police shut down all of its websites and social media pages, according to Crypto News.


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