New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits

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Tesla CEO Elon Musk continues to be the goal of on-line con artists who’re utilizing his picture to rob merchants of their money – with a brand new deepfake video depicting the billionaire entrepreneur making the rounds on Twitter.

A brief video, reposted by person DogeDesigner, reveals Musk being interviewed, encouraging viewers in a clearly manipulated audio monitor to put money into the BitVex buying and selling platform.

“Today we are launching an investment project that is working right now if you see this video. Absolutely everyone can earn everything, it’s very simple,” the deepfaked Musk says, promising the rip-off’s potential victims a 30% return on deposits made in crypto.

Musk’s response to the tweet was transient, but left little doubt concerning the authenticity of the video and his involvement with the crypto rip-off effort.

“Yikes. Def not me,” the tech entrepreneur mentioned.

On its official web site, the ‘buying and selling platform’ makes an attempt to persuade potential victims to take a position their crypto by itemizing Musk as “CEO of Tesla Motors & BitVex” and offering a faux quote by the businessman which states that this undertaking “is a revolution that will provide everyone with money and provide the world with new opportunities.”

Scamcoin promoters have lengthy resorted to deepfakes to drum up demand amongst potential buyers. Scammers impersonate anybody from influencers to high-profile crypto figures, but in addition strange individuals to realize victims’ belief.

Earlier this 12 months, Miranda, an e-commerce employee who didn’t want to disclose her actual title as a result of her firm had not given her permission to talk publicly, was focused by such an assault when imposters launched a deepfake video of the Melbourne girl selling a crypto rip-off and revealed it on her Instagram account.

Watch the total “Elon Musk” video under:

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