Deep Fake Crypto Scam

Beware! Cybertrace Sounds Alarm on Deceptive Deep Fake Crypto Scam

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So, here’s the scoop: Cybertrace, those cybersecurity wizards, just dropped a major alert on a sneaky, deep fake crypto scheme featuring none other than the Aussie mogul, Andrew “Twiggy” Forrest. Yeah, the guy with serious mining and business chops.

What’s the Deal?

So, picture this: there’s this super slick video floating around on Facebook. In it, Forrest is supposedly singing praises for some sketchy crypto trading platform. The catch? It’s all a big fat lie. Cybertrace spotted this digital con job and hit the alarm bells.

The Lowdown

According to Cybertrace’s big cheese, Dan Halpin, this ain’t your run-of-the-mill scam. Nope. He reckons these scammers aren’t just some chumps with a computer. Nah, they’re smooth operators, probably schooled in the art of sales and marketing.

Halpin spilled the tea to The Australian, saying folks are likely to fall for this deep fake trickery because, well, it looks darn convincing. The video, apparently, drones on and on, hitting those persuasive notes like a pro. It’s like they’ve cracked the code on how to sell snow to a polar bear.

How They’re Playing Us

The Promise

In the vid, this fake Forrest dude is making wild promises left, right, and center. He’s all like, “Hey you! Wanna make boatloads of cash without breaking a sweat? Well, jump on board with me and let’s ride this gravy train together!” Sounds too good to be true? That’s ‘cause it is.

crypto video scam

The Warning

Cybertrace ain’t messing around when they say, “Watch your back, folks!” With deep fake fraud on the rise, it’s open season for scammers to pull a fast one on unsuspecting netizens.

Who’s Next?

But wait, there’s more! Turns out, Forrest ain’t the only one getting the deep fake treatment. Cybertrace dropped some major names, including Gina Rinehart, Dick Smith, and Allison Langdon. Seems like everyone’s fair game for these digital tricksters.

The Big Picture

Now, here’s the kicker: Aussies are losing big bucks to scams like these. I’m talking billions, mate. And with cryptocurrency in the mix, it’s like chum in the water for these sharks.

What’s Being Done?

Across the pond, U.S. lawmakers are taking notice, especially after some fake pics of Taylor Swift went viral. Rep. Joe Morelle is leading the charge, pushing to make deep fake production illegal.

The Bottom Line

So, what’s the takeaway from all this? Keep your eyes peeled, folks. The digital world’s a wild place, and there’s no shortage of scammers trying to pull a fast one on ya. Stay savvy, stay sharp, and don’t believe everything you see online.


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