Deepfake Doom! Crypto’s AI Nightmare 😱

Oh, darling, a frightfully modern dilemma! It seems our beloved crypto world is being infiltrated by the most ghastly AI deepfakes. A joint report from Bitget, SlowMist, and Elliptic, no less, reveals the rapid rise of AI-powered crypto crime. How utterly dreadful! 🎭

Crypto crime, you see, is evolving. It’s becoming ever so sophisticated, targeting human psychology like some sort of digital Svengali. According to this report, published on Tuesday, June 10, social engineering scams are all the rage, and many now leverage AI to increase their success rate. The cheek of it! 😠

“In 2024, nearly 40% of high-value frauds involved deepfake technology. And behind most scams—whether Trojan job offers or Ponzi-like “staking platforms”—is some form of social engineering designed to exploit trust, fear, or greed,” Bitget report.

For example, those dreadful scammers have used AI-generated videos of high-profile figures, including Elon Musk, to create social proof for scam projects. Can you imagine? AI videos are also being used to bypass KYC systems and even lure victims into live phishing Zoom calls. The sheer audacity! 😲

Other types of social engineering scams are surfacing in the job market. Scammers often pose as recruiters seeking developers, directing job seekers to download what appears to be a task project. In reality, the file contains a Trojan virus capable of taking over the victim’s computer. Honestly, the lengths some people will go to! 🙄

How to protect yourself from AI crypto scams

Blockchain security firm SlowMist outlines several steps users can take to avoid falling victim to scams. First, one must be highly skeptical of promotional content on social media. Posts offering jobs, ChatGPT trading bots, or high staking returns should be approached with caution. If it sounds too good to be true, darling, it probably is! 🤔

Social engineering scams often create a false sense of urgency. Traders should always pause to consider whether an offer seems too good to be true. The same goes for videos of public figures promoting crypto launches—users should verify through official websites or trusted news sources. A little bit of common sense goes a long way, you know. 😉

“Bottom line? In an age where AI can mimic anyone, security must start with skepticism—and end with collective defense,” Bitget report.

SlowMist also warns against clicking on links or downloading files shared in group chats or social media comments. Tools like ScamSniffer can help by automatically blocking phishing links. For suspected rug pulls, users can check MistTrack to see whether a wallet address is tied to known scams. One must be ever so vigilant!🧐

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2025-06-10 13:03