Changpeng Zhao, co-founder and former CEO of Binance, has issued a critical warning to the public and the cryptocurrency community about the rising threat of AI-generated deepfake videos. These deepfakes could mislead unsuspecting users into making fraudulent crypto investments.
Public Warning on AI Deepfakes
Zhao highlighted the dangers of identity spoofing and cyber scams facilitated by AI technology. His caution follows a surge in AI scams that have targeted not only the crypto space but also well-known figures like Ripple CEO Brad Garlinghouse and singer Taylor Swift. These scams are designed to deceive individuals into investing in dubious schemes, risking their funds and personal information. Zhao emphasized the urgent need for increased education about AI and its potential risks.
Zhao’s Strategic Vision for Binance
#MemeCoinTrending In his recent address, Zhao outlined plans for Binance’s future, indicating a renewed focus following his legal challenges with the US Department of Justice. He is set to make his first major appearance at Binance Blockchain Week in Dubai, marking a significant moment in his return to leadership.#USPPIAboveExpectations
