Binance CCO Patrick Hillmann reported last week about a new and sophisticated way in which attackers have used his image to perform a crypto listing scam operation.
A set of hackers managed to impersonate Binance chief communications officer Patrick Hillmann in a series of video calls with several representatives of cryptocurrency projects. The attackers used what Hillman described as an AI hologram, a deepfake of his image for this objective, and managed to fool some representatives of these projects, making them think Hillmann was helping them get listed on the exchange.
last week about a new and sophisticated way in which attackers have used his image to perform a listing scam operation.Hillmann stated that hackers managed to program an AI hologram of him, a kind of deepfake that was used to scam representatives of several cryptocurrency projects in Zoom calls. The hologram was able to fool these projects into believing that they were being considered for listing on Binance and that Hillmann was part of this operation.
last year, Binance does not apply a fixed listing fee to these projects. About the value of the listing fee, Binance explains:There is no fixed number. Just propose a number you are comfortable with. Show your willingness to contribute to social impact.Furthermore, the fees collected by the exchange are donated entirely to Binance Charity, a blockchain-tracked charity organization sponsored by the exchange.