The video aimed to rip off unsuspecting social media users by getting them to invest in a new platform in exchange for a guaranteed 30% return. Blockchain technology is being floated as one potential weapon to combat rampant deepfakes and other fabricated news, but the problem continues to plague social media.
Estimated reading time: 0 minutes, 25 seconds
Musk Deepfake Tries to Scam Users Into Investing in New Platform
A new deepfake scam, which features what appears to be Elon Musk at a TED convention, has been addressed and refuted by the tech giant himself. So reports Cointelegraph.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-