New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits

Elon Musk deepfake. Source: a relevant video screenshot, BleepingComputer.com / vimeo

 

Tesla Chief executive officer Elon Musk remains the prospective of internet disadvantage artists who’re using his image to take advantage of traders of the cash – with a brand new deepfake video depicting the millionaire entrepreneur making the models on Twitter.

A brief video, reposted by user DogeDesigner, shows Musk being interviewed, encouraging viewers inside a clearly manipulated audio track to purchase the BitVex buying and selling platform.

“Today we’re launching a good investment project that’s working at this time if you notice this video. Absolutely everybody can earn everything, it’s quite simple,” the deepfaked Musk states, promising the scam’s potential victims a 30% return on deposits produced in crypto.

Musk’s response towards the tweet was brief, yet left without doubt concerning the authenticity from the video and the participation using the crypto scam effort.

“Yikes. Def not me,” the tech entrepreneur stated.

On its official website, the ‘trading platform’ tries to convince potential victims to take a position their crypto by listing Musk as “CEO of Tesla Motors &amp BitVex” and supplying an imitation quote through the businessman which claims that this project “is a revolution which will provide everybody with money and supply the planet with new possibilities.”

Scamcoin promoters have lengthy resorted to deepfakes to drum up demand among potential investors. Scammers impersonate anybody from influencers to high-profile crypto figures, but additionally ordinary individuals to gain victims’ trust.

Captured, Miranda, an e-commerce worker who didn’t desire to disclose her real name because her company hadn’t given her permission to talk openly, was targeted by this kind of attack when imposters released a deepfake video from the Melbourne lady promoting a crypto scam and printed it on her behalf Instagram account.

Watch the entire “Elon Musk” video below:

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Find out more:
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CZ Crypto Deepfake is Funny Now, But it might not be So Amusing Soon

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Elon Musk Could Renegotiate Twitter Deal as Bot Number ‘Unknowable because the Human Soul’

Lady Will get 5-year Jail Term After Stealing USD 87K Price of Crypto in Dating Application Scam
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