Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX

A faked video of Sam Bankman-Fried, the previous CEO of cryptocurrency alternate FTX, has circulated on Twitter making an attempt to rip-off traders affected by the alternate’s chapter.

Created utilizing packages to emulate Bankman-Fried’s likeness and voice, the poorly made “deepfake” video makes an attempt to direct customers to a malicious web site beneath the promise of a “giveaway” that may “double your cryptocurrency.”

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Over the weekend, a verified account posing as FTX founder SBF posted dozens of copies of this deepfake video providing FTX customers “compensation for the loss” in a phishing rip-off designed to empty their crypto wallets pic.twitter.com/3KoAPRJsya

— Jason Koebler (@jason_koebler) November 21, 2022

The video makes use of seems to be previous interview footage of Bankman-Fried and used a voice emulator to create the phantasm of him saying “as you realize our F-DEX [sic] alternate goes bankrupt, however I hasten to tell all customers that you shouldn’t panic.”

The faux Bankman-Fried then directs customers to an internet site saying FTX has “ready a giveaway for you in which you’ll double your cryptocurrency” in an obvious “double-your-crypto” rip-off the place customers ship crypto beneath the promise they’re going to obtain double again.

A now-suspended Twitter account with the deal with “S4GE_ETH” is known to have been compromised, resulting in scammers posting a hyperlink to the rip-off web site — which now seems to have been taken offline.

The crypto neighborhood has pointed to the truth that scammers have been in a position to pay a small payment in an effort to get Twitter’s “blue tick” verification in an effort to seem genuine.

In the meantime, the video obtained widespread mockery for its poor manufacturing high quality with one Twitter user ridiculing how the rip-off manufacturing pronounced “FTX” within the video, saying they’re “undoubtedly utilizing […] ‘Effed-X’ any more.”

On the similar time, it gave many the chance to criticize the FTX founder, one consumer said “faux [Bankman-Fried] not less than admits FTX is bankrupt” and YouTuber Stephen Findeisen shared the video saying he “can’t inform who lies extra” between the actual and pretend Bankman-Fried.

Associated: Crypto scammers are utilizing black market identities to keep away from detection: CertiK

Authorities in Singapore on Nov. 19 warned affected FTX customers and traders to be vigilant as web sites providing companies promising to help in recovering crypto caught on the alternate are scams that largely steal info resembling account logins.

The Singapore Police Drive warned of such an internet site which prompted FTX customers to log in with their account credentials that claimed to be hosted by the US Division of Justice.

Others have tried to revenue from the eye FTX and its former CEO are receiving. On Nov. 14, shortly after Bankman-Fried tweeted “What” with out additional rationalization, some seen the launch of a so-called “meme token” known as WHAT.

Anyone simply launched a $WHAT token and it’s performed a 4x.

It’s over. pic.twitter.com/VB2UtENSGH

— Tyler (@ApeDurden) November 14, 2022

“Deepfake” movies have lengthy been utilized by cryptocurrency scammers to attempt to con unwitting traders. In Might, faked movies of Elon Musk selling a crypto platform surfaced on Twitter utilizing footage from a TED Discuss the month prior.

The video caught Musk’s consideration on the time, who responded: “Yikes. Def not me.”