Elon Musk warns users against latest deepfake crypto scam
Crypto Industry News

Elon Musk warns users against latest deepfake crypto scam

30.05.2022 10:57 (Updated 27.06.2022 14:06)
1 min read

Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam.

Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of original footage from a TED Talk featuring Musk and curator Chris Anderson at a TED conference in Vancouver in April this year.

The tweet and video caught the attention of Musk, himself, who has been increasingly active since his move to acquire the social media platform for an estimated $44 billion.

Author

  • Maksym has denied the existence of crypto as an asset for 3 years when he was working with standard financial instruments. Became Head of Treasury. Won the best bank employee award and left the bank for cryptocurrency exchange the next day. Got a second university degree, but that didn’t stop him from studying finance yet. Combines fiat and crypto experience to be as objective as possible in general matters. His dream is to be interviewed by Bloomberg.

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