It’s not the first time that celebrities have been used by scammers to lure viewers. Sites with fake reviews of celebrities regularly appear on the Internet. Unfortunately, this is still an effective cheating method.

what is known

• The fake cryptocurrency platform claims to be owned by Ilona Mask, who allegedly created a site where anyone can earn up to 30 percent of their cryptocurrency deposits.
• Actually BitVex is simple steals money from scammers.
• The scam uses the names of other celebrities as well as Mask.
• The BitVex promotional campaign kicked off earlier this month: Attackers created new YouTube accounts or hacked existing YouTube accounts and posted fake videos featuring Elon Musk, Katie Wood, Brad Garlinghouse, Michael Sailor, and Charles Hoskinson.
• Journalists say dozens of YouTube channels have been affected.
• Videos of celebrities allegedly giving interviews and talking about BitVex, but in fact these videos have been altered – these are dipfeys where a person’s voice is faked and superimposed over a video taken from other sources.

An example of such a forgery can be seen below. In the video, Musk allegedly advertised a fraudulent site and says he invested $50 million in the platform.

If you go to the BitVex site it turns out to be a scam. For example, the site claims that Elon Musk is the CEO of the platform, which is also supported by Katie Wood of Ark Invest and Changpen Zhao, head of Binance.

Information block from the site of fraudsters claiming that Elon Musk is the CEO of BitVex / Photo Bleeping Computer

• Visitors are invited to register an account to access the platform.
• After logging in, the site will display a toolbar where you can deposit various cryptocurrencies, choose an investment plan or withdraw funds.
• As with other cases of scams of this type, the toolbar will display the latest withdrawals of various cryptocurrencies to make the site look active and authentic.
• In fact, the researchers say these numbers were generated using JavaScript, randomly choosing the amount and one of five cryptocurrencies: Cardano, Ethereum, Bitcoin, Ripple or Binance Coin.
• Each time the page is refreshed, such “results” will be different.