An AI-generated deepfake video of Elon Musk livestreamed on YouTube, pushing fake crypto giveaway and directing viewers to a shady website.
The video, which was taken down later, streamed for five hours on Sunday, replicating a clip from a Tesla event.
Per a report from Engadget, the video had Elon Musk’s AI-generated voice, suggesting viewers to visit a website. He instructed crypto investors to deposit Bitcoin, Ethereum and Dogecoin to participate in a giveaway.
The video promised that the website would “automatically send back double the amount of the cryptocurrency you deposited.”
At one point, the video had more than 30,000 viewers, which brought it to the top of YouTube’s Live Now recommendations.
Crypto community warned users on X, to be wary of the crypto YouTube scam. One user wrote that the convincing scam is a result of “the current advancements in artificial intelligence and deepfake technology.”
“Deepfakes, which are AI-generated videos that can seamlessly replace one person’s likeness with another, have demonstrated how easily visual and audio media can be manipulated.”
Bostrom's theory may come true
Given the current advancements in artificial intelligence and deepfake technology, we are already witnessing instances where fake content can convincingly mimic real events and people. Deepfakes, which are AI-generated videos that can seamlessly…
— Ri33it (@frogz1lla) June 24, 2024
Another user urged the YouTube Team to take action on this ‘serious crime.’ “This was fake/deepfake with the intention to scam people out of their crypto currency,” the user wrote.
the livestream had Elon Musk apparently saying "scan the on screen QR code, deposit any amount of crypto currency, and you will receive double the amount back".
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