Sophisticated scammers are the most dangerous threat to crypto this days as they have planned with anticipation all their movements to secure people's money. They plan with minimal details all their operations to succeed and do everything on their power to make people fall for it.
Today, AI deepfake is the latest trend in scammers orchestrated plan to steal crypto from people and their choose carefully which famous person they will use on their videos to easy convince people to send them crypto.
The most recent case on this, was a video on a fake channel in YouTube had a deepfake character poised as Tim Cook, the Apple CEO, asking people to send him Bitcoin, Ethereum and USDT. Why people should send him that amount? Because he promises to double it and send back to them. Obviously, pure scam.
The most surprising is that people fall for that and actually send money to those deepfake videos. More than $5M have been lost until today as part of this "new" trend of scams.
As the crypto market evolves and new tools being discovered it's important to keep up with them, know how to get protected and use that in your favor. Scammers, hackers are the most dangerous people in crypto as this folks are responsible for billions in losses in the field. Don't neglect it, ever. Stay safe and remember:
CONTENT IS KING!