$BTC Breaking, Elon Musk In Headlines Again 📢
The Hong Kong Securities and Futures Commission (HKSFC) has issued a warning about a fraudulent crypto exchange platform in Hong Kong called Quantum AI.
This platform claimed to have a direct connection with Elon Musk and used AI-generated videos of Musk to promote its crypto trading services. The exchange falsely advertised Musk as the lead developer behind their product and spread false and misleading information to gain trust.
The Hong Kong police have been directed to crack down on the platform, and Quantum AI's website and social media pages are being taken down.
This incident is part of a trend where AI-generated videos are used in crypto scams, with scammers exploiting the popularity of figures like Elon Musk to deceive users.