Hong Kong's SFC warns of a crypto scam involving deepfakes of Elon Musk for Quantum AI, a fake crypto exchange.
Hong Kong's Securities and Futures Commission warns of a crypto scam involving deepfakes of Elon Musk, claiming Quantum AI, a fake crypto exchange, deceitfully promotes Musk as its lead dev. SFC and police block access to their websites and social media, emphasizing the scam has no connection to Musk. The group uses AI to create deepfakes, exploiting advances in technology to deceive potential investors.
May 12, 2024
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