Yet another cryptocurrency scam has surfaced, this time utilizing deep-fakes and Elon Musk's likeness to do the trick.
The deep faked video shows Elon Musk on the set of a TED talk originally from April 15, 2022 where he discusses Twitter, Tesla, and more. The video, titled "I Have Made $8K in 1 month via a new Trading Bot | BitVex Release", has Musk supposedly announcing a new cryptocurrency trading platform named BitVex, promising 30% returns.
Newly created YouTube channels and hacked existing ones have recently uploaded deep-faked videos of other notable people in the cryptocurrency space apparently endorsing BitVex. These include the CEO of Binance, Changpeng Zhao, the CEO of Ark Invest, Cathie Wood, and others.
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