Changpeng Zhao, co-founder and former CEO of cryptocurrency exchange #Binance , has issued a warning to the general public and the crypto community regarding the emergence of a slew of AI-generated deepfake videos that could potentially trick naive and unsuspecting users into making fake or fraudulent crypto investments.

Public Warning Against AI Deepfakes

Zhao provided further explanations on the imminent threat of identity spoofing and cyber scams using AI. Zhao’s warning comes in the wake of the increasing number of AI scams that have affected not only the crypto world but also famous celebrities like Ripple CEO Brad Garlinghouse and even Taylor Swift.

Such scams aim to trick users into investing in risky schemes that put them at risk of losing their funds and exposing their identities, thus increasing the urgency for more education about AI through appropriate channels and environments.

Zhao’s Rebirth and the Future of Binance

Zhao laid out strategic plans in his latest speech. He is expected to attend Binance Blockchain Week in Dubai shortly after settling his legal disputes with the US Department of Justice. It will be his first major appearance since he temporarily stepped down.

#czbinance #DoYouHoldBNB #deepfake