Elon Musk Responds to His Deepfake Crypto Scam

Elon Musk, CEO of Tesla, has responded to a deepfake video of him supposedly endorsing a fake cryptocurrency scheme.

In a recent tweet, Elon Musk declared that it was “certainly” not him.

The deepfake video, which went viral on Twitter earlier this week, attempts to entice investors to invest in a trading platform that promises 30% returns on cryptocurrency deposits.

Many Dogecoin supporters complained about the video’s poor quality, stating Musk’s speech sounded robotic and incoherent. “This is a terrible deep fake,” said one Twitter user.

Billy Markus, co-founder of Dogecoin, believes that anyone foolish enough to fall for such a hoax deserves to lose their money.

A deepfake is a piece of fabricated media that has been convincingly manipulated to cause someone to do things that did not occur in real life.

Creating high-quality clones necessitates the use of costly computational resources. They are typically generated with the assistance of a generative adversarial network (GAN).

As deepfakes get more complex, there is an urgent need for trustworthy detection technologies that can identify faked material.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Patrick

CoinCu News