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Cryptocurrency fraud was committed with Deepfake Elon Musk. Hong Kong authorities uncovered a cryptocurrency scam. Authorities have shut down an unlicensed and fake cryptocurrency exchange that claimed to be directly related to Elon Musk using the deepfake method. They used Elon Musk for cryptocurrency fraud Quantum AI, a Hong Kong-based cryptocurrency exchange, claimed on its website, which is no longer in use, that it had a direct relationship with Elon Musk. The company stated that Musk developed basic artificial intelligence technologies for crypto trading. In addition, Elon Musk's videos and images created by artificial intelligence were displayed on the company's website and social media accounts. The Hong Kong Securities and Futures Commission (HKSFC) took immediate action when it realized this situation. HKSFC, which issued a statement and warned cryptocurrency investors about this fraud, asked the Hong Kong police to close the company's website and social media accounts. A total of 23 crypto exchanges have applied for license registration in Hong Kong. HKSFC stopped accepting license applications from cryptocurrency exchanges in February and asked all unlicensed entities to cease operations by the end of May. However, the Hong Kong Monetary Authority (HKMA) and the Central Bank of Hong Kong are collaborating with local private sector firms such as HSBC and HashKey to enter the real asset tokenization space. $BTC $ETH $BNB

Cryptocurrency fraud was committed with Deepfake Elon Musk.

Hong Kong authorities uncovered a cryptocurrency scam. Authorities have shut down an unlicensed and fake cryptocurrency exchange that claimed to be directly related to Elon Musk using the deepfake method.

They used Elon Musk for cryptocurrency fraud

Quantum AI, a Hong Kong-based cryptocurrency exchange, claimed on its website, which is no longer in use, that it had a direct relationship with Elon Musk. The company stated that Musk developed basic artificial intelligence technologies for crypto trading. In addition, Elon Musk's videos and images created by artificial intelligence were displayed on the company's website and social media accounts.

The Hong Kong Securities and Futures Commission (HKSFC) took immediate action when it realized this situation. HKSFC, which issued a statement and warned cryptocurrency investors about this fraud, asked the Hong Kong police to close the company's website and social media accounts.

A total of 23 crypto exchanges have applied for license registration in Hong Kong. HKSFC stopped accepting license applications from cryptocurrency exchanges in February and asked all unlicensed entities to cease operations by the end of May.

However, the Hong Kong Monetary Authority (HKMA) and the Central Bank of Hong Kong are collaborating with local private sector firms such as HSBC and HashKey to enter the real asset tokenization space.
$BTC $ETH $BNB

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The brand that Elon Musk once despised became an automobile giant CNN reminded me of Elon Musk's words about BYD, Tesla's strong rival. According to CNN, BYD, the #Chinese automobile manufacturer that Tesla's owner Elon Musk once made fun of, surpassed Tesla as the company selling the most electric vehicles in the world at the end of last year. The Warren Buffett-backed company and Tesla have been neck and neck ever since. Now BYD is challenging by introducing a new hybrid powertrain that it says can take it from New York to Miami without refueling, according to CNN's analysis. This figure means approximately 2,100 kilometers in one trip. According to The Wall Street Journal, leading global hybrid car manufacturers typically have ranges around 1,100 kilometers. According to CNN's analysis, #Tesla is the best-selling electric car in the United States, but is losing market share overseas to rivals that can produce vehicles at less cost. According to CNN, Tesla has not made any significant innovations in recent years and BYD is relatively cheap, allowing the Chinese brand to challenge Tesla. In his article, CNN questions how #BYD transformed from a small scrap producer into a global powerhouse. He recalls #ElonMusk saying in a 2011 interview with Bloomberg that he didn't take BYD seriously. CNN reported, "In that interview, Elon Musk responded to the question about BYD competing with Tesla with a smug laugh. "Have you seen their cars?" to the interviewer. he asked, and when the reporter pressed him, he said he thought BYD's product was "unattractive" and its technology "wasn't very strong."
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