The head of communications for the cryptocurrency platform said scammers tricked crypto project founders into meetings using a deepfake of him.
Scammers often impersonate companies or executives through fake emails and social media profiles. Now fraudsters have reportedly taken things to the next level by creating a “deepfake” of an executive at Binance, the world’s largest cryptocurrency platform.
Patrick Hillmann, the chief communications officer at Binance, claims that a “sophisticated hacking team” used video footage of his past TV appearances and digitally altered it to make an “AI hologram” of him and trick people into meetings.
In a company blog post**,** Hillman warned users to be vigilant following the incidents.