AI Deepfakes and Fake Crypto Support Scams on the Rise
-

AI-powered deepfake scams are emerging as a significant threat. Criminals create realistic videos or voice clones of executives and influencers to trick users into sending funds. High-profile cases include a deepfake Elon Musk video in 2024 that convinced an 82-year-old to invest $690,000.Fake crypto support scams are also increasing. Scammers impersonate customer support on X, Telegram, and fake websites to steal sensitive information or funds. The May 2025 Coinbase data breach exposed personal information that scammers used to target victims, urging them to share security codes, 2FA details, or transfer assets to fraudulent wallets.
-
But why use deep fakes? You have never meet the real ones. So why does it matter?
