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Reading: Crypto’s AI Deepfake Crisis: Bitget, SlowMist, Elliptic Sound Urgent Alarm
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Crypto’s AI Deepfake Crisis: Bitget, SlowMist, Elliptic Sound Urgent Alarm

Crypto
Last updated: June 10, 2025 10:10 am
Crypto
Published June 10, 2025
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Crypto’s AI Deepfake Crisis: Bitget, SlowMist, Elliptic Sound Urgent Alarm

AI-Driven Crypto scams on the Rise: How to Stay Safe

A new report from bitget,SlowMist,and Elliptic reveals a worrying trend: AI is becoming a powerful tool for crypto criminals.the study, released on June 10, shows that social engineering scams are increasingly using AI to trick people.

Deepfake technology is now involved in nearly 40% of high-value frauds in 2024.Scammers use AI-generated videos of famous people,like Elon Musk,to promote fake projects. They also use AI to bypass security systems and trick people into phishing calls.

Job scams are another concern. Scammers pretend to be recruiters, asking job seekers to download files that contain viruses. These files can take control of a victim’s computer.

How can you protect yourself? SlowMist suggests being cautious about social media posts. If something seems too good to be true, it probably is.Always verify information from official sources.

Tools like ScamSniffer can help by blocking phishing links. For suspected scams, check MistTrack to see if a wallet address is linked to known frauds.

Remember, in the age of AI, skepticism is your best defense. Stay alert and protect your crypto assets.

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