A deepfake of FTX founder Sam Bankman-Fried circulated on Twitter, in which he offered to take part in a cryptocurrency giveaway as compensation for the exchange’s collapse. Motherboard reports this.
“As compensation for losses, we have prepared a giveaway for you in which you can double your cryptocurrency,” the deepfake video says.
The fake account under the handle s4ge_ETH was quickly blocked. The account had a blue verified checkmark, the descriptor ‘businessman’ in SBF’s Twitter bio, and his avatar.
Apparently, the scammers used an $8 Twitter Blue subscription to pass off the fake profile as real.
The deepfake video directed people to a website where they could participate in the ‘giveaway’.
“The largest cryptocurrency giveaway worth $100 million,” the site says.
The scammers asked users to send any amount of coins to an address to participate in the ‘giveaway’. The site shows a scrolling list of fake transactions. The specified Bitcoin wallet did not receive any tokens, and the Ethereum address currently holds just over $1,000 in ETH.
In September, attackers launched a fake Bitcoin giveaway under the guise of an Apple presentation.
In August, hackers used a deepfake for fraud involving a listing on Binance.
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