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News Explorer — AI Technology Is Being Used in Crypto Crime, But Not Very Widely: Elliptic

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Jun 9, 12:03 pm
DL News

AI Technology Is Being Used in Crypto Crime, But Not Very Widely: Elliptic

The use of AI technology in crypto crime is on the rise, with deepfakes of celebrities being used to drive crypto scams, according to a report from Elliptic. While AI-enhanced crypto crime is not yet a mainstream threat, it is important to identify emerging trends for sustainable innovation. Scams have utilized deepfakes of figures like Elon Musk and Lee Hsien Loong to promote fraudulent crypto investments.

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