Who you gonna call?
An Elon Musk deepfake video is doing the rounds on the internet again, hoping to trap crypto holders in a 'get-rich-quick' scheme and then steal their deposits,A deepfake is media content created using tools such as machine learning and artificial intelligence to replace a person in an image or video with a fake one. The content can then be changed to pass false and misleading information.
If a seasoned bank employee can be spoofed by this technology, an unsuspecting investor is not a big fish to fry. Scammers often use celebrities to create maximum impact and trick people into committing to a transaction that can't be reversed. Last year, a scam used Elon Musk's Twitter account fake to pocket $580,000 worth of crypto coins in just one week.
Users arriving at the website need to create an account to gain from Bitvex's alleged claims. Once an account is set up, users see a dashboard that shows recent withdrawals made by other users on the platform. accessed the website's code and found that a JavaScript, running on the site, was assigned to randomly create these numbers every time the page refreshed.
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