The Bangko Sentral ng Pilipinas (BSP) has warned the public to be wary of video and audio scams involving artificial intelligence manipulation that promote false information related to cryptocurrency investments.

The BSP stressed that Governor Eli M. Remolona Jr. does not support the so-called cryptocurrency project “Tesler Code” or any other cryptocurrency investment. Misrepresenting the BSP or its officials is a punishable offense.

To avoid falling victim to these scams, the BSP advises the public to be cautious, avoid sharing personal information with unverified entities, and verify the legitimacy of communications from purported BSP representatives.