Cryptocurrency Scams

A still from a deepfaked video of Elon Musk where he advertises a scam cryptocurrency. Scammers are using deepfake videos of Elon Musk in an attempt to trick people into handing over cryptocurrency, BleepingComputer reports. The scammers set up a phony cryptocurrency platform called “BitVex” that purports to be owned by Musk. The crooks then used hacked YouTube accounts to spread deepfaked videos of Musk and other people associated with cryptocurrency to promote the platform. “To use the BitVex platform, users must register an account at bitvex[.]org or bitvex[.]net to access the investment platform,” BleepingComputer says. “Once you log in, the site will display a dashboard where you can deposit various cryptocurrencies, select an investment plan, or withdraw your earnings. Like almo...