CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinGape 2024-05-18 10:44:03

Elon Musk Deepfake Crypto Scam Raises Alarm In Hong Kong, SFC Responds

In a recent advisory, the Hong Kong Securities and Futures Commission (SFC) issued a stern warning about a cryptocurrency scam involving deepfake technology. This sophisticated scam uses AI-generated videos of tech entrepreneur Elon Musk to promote a fraudulent trading platform known as “Quantum AI.” By creating hyper-realistic videos that appear to show Musk endorsing the The post Elon Musk Deepfake Crypto Scam Raises Alarm In Hong Kong, SFC Responds appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.