Fraudsters Cryptocurrencies They created a video Deep fake Where you see a fake version Elon Musk Promoting investments in a crypto trading site.

The fake video shows a modified digital version of Elon Musk advising users Save your cryptocurrency on a new platform to earn up to 30 percent profit. False Musk even says he has invested $ 50 million in this site and even claims to be one of the creators of the new site. The whole speech banner BitVexWhich is a platform that is promoted to carry out scams.

This campaign of deception started earlier this month and Included hacking YouTube accounts to upload and share Elon Musk’s deep fake videos; Like other references in the crypto world: Katie Wood, CEO of Ark Invest, an investment firm; Changpeng Zhao, CEO of Binance Exchange Platform, and Charles Hoskinson, Co-Founder of Ethereum, among others.

“These videos are legitimate interviews that have been replaced by deep fake technology to use the human voice in a script generated by malicious actors,” warns a specialized site. Bleeping computersWho established this joke.

While the video is pretty well done, the truth is that if you watch carefully You can see several signs indicating that this is digital manipulation.

For one thing, lip synchronization is not perfect. This is one of the points by which deep falsifications can often be identified.

BesidesThe YouTube channels that spread this fake video, which spreads the BitVex platform, have been hacked. In fact, they were violated to get acquainted with this content.

“For example, the YouTube channel, which showed gameplay videos in Arabic, suddenly started showing a series of YouTube shorts that aided BitVex fraud,” the site said.

On the other hand, thatWhen you visit the BitVex site, there are many other items that show that everything is a lie. The page states that Musk is the CEO of the trading platform and emphasizes that he is supported by Ark Invest’s Cathie Wood and Binance CEO Changpeng Zhao.

To use BitVex, users must register an account with bitvex[.]org or bitvex[.]The grid. After logging in, the site displays a panel indicating that it is possible to deposit different cryptocurrencies.

According to a study by Bleeping computersThe board displays recent amounts to make it look legal, but these counterfeit amounts change randomly each time the page is updated.

According to the numbers surveyed by the site, Deposits of $ 1,700 have been identified, though it is not ruled out that the fraudsters may have created a larger amount. Since wallet addresses are different.

There have been a lot lately Fraudsters in the crypto world. With the growth of these assets and the frequent lack of knowledge about the issue, cybercriminals are able to use all sorts of tricks to steal money.

As mentioned in the investigation, The scammers managed to make $ 1.3 million after the viral spread of an edited version of the old live discussion board of cryptocurrency. Ark Invest with Elon Musk, Jack Dorsey and Katie Wood.

In 2021 alone, $ 14 billion worth of cryptocurrency was stolenAccording to a recent report by Blockchain Data Firm Chainalysis. That’s almost double the $ 7.8 billion fraudsters in 2020, the report said.

What to remember so as not to fall into deception

1. Avoid content virus (Videos, texts, audio) that are received from various media (social networks, WhatsApp, mail, etc.) so as not to make sure in advance that this is the real content. Many times it is enough to search the internet to find informative articles from credible sources that reflect the cyber joke that is being spread.

2. Seek information before making any type of investment About cryptocurrency and exchange site. Consult with specialists in the field.

3. Always update the operating system of all devices

4. Use strong passwords and have a second authentication factor On all accounts

5. Never download apps outside of official stores. That is, in the case of Android, always use the Play Store; In the case of iOS, the Apple Store; etc.

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