• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Deepfake Tim Cook on YouTube: Scammers Use Cryptocurrency Schemes

user avatar

by Giorgi Kostiuk

a year ago


  1. Fake Streams and Scammers' Scheme
  2. YouTube's Response and Countermeasures
  3. Previous Incidents and Trends

  4. During the highly anticipated Apple event on September 9, where the tech giant unveiled its iPhone 16 models, YouTube was inundated with livestreams that exploited deepfake technology to impersonate Apple CEO Tim Cook. These fake streams were part of a cryptocurrency scam aimed at defrauding viewers.

    Fake Streams and Scammers' Scheme

    In these deceptive streams, an AI-generated version of Tim Cook could be seen urging viewers to send cryptocurrencies such as Bitcoin, Ether, Tether, or Dogecoin to a specified “contribution address,” promising to return double the amount deposited. “Once you complete your deposit, the system will automatically process it and send back double the amount of the cryptocurrency you deposited,” the fabricated Cook claimed. This type of scheme, known as a “double-your-money” scam, typically results in the perpetrators keeping the transferred funds, leaving contributors with nothing.

    YouTube's Response and Countermeasures

    The scam streams cleverly coincided with Apple’s actual “Glowtime” event, adding a layer of authenticity to the fraud. One such stream was hosted on a YouTube channel misleadingly named “Apple US,” which even featured a legitimate verification tick to further deceive viewers. Shared videos and screenshots on X indicated that some of these fraudulent streams amassed hundreds of thousands of views, though it’s suspected that many were from bots designed to make the streams appear legitimate. YouTube’s support team acknowledged the issue on the same day via an X post, encouraging users to report the scam through its official reporting tool. Subsequently, the fake videos were taken down, and the associated accounts were closed.

    Previous Incidents and Trends

    This incident highlights a growing trend where scammers utilize deepfake technology to create convincing replicas of high-profile figures to execute scams. Earlier in June, a similar incident occurred when the Australian broadcaster Seven’s YouTube news channel was hijacked to display videos of a deepfake Elon Musk promoting cryptocurrency scams. These events underline the increasing boldness and sophistication of online fraudsters in exploiting digital platforms and advanced technologies to conduct scams.

    This case demonstrates the importance of being vigilant and critically evaluating information online. Despite platform efforts to combat fraud, users must remain alert and report suspicious content.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Japan Tightens Access to Crypto Through Regulated Exchanges

chest

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

user avatarRajesh Kumar

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

chest

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

user avatarJesper Sørensen

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

chest

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

user avatarLucas Weissmann

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

chest

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.

user avatarFilippo Romano

Technological Advances Transform Fan Engagement in Sports

chest

Technological advancements in streaming and AI are reshaping how fans engage with sports content.

user avatarEmily Carter

DGrid Unveils Innovative Proof of Quality Mechanism

chest

DGrid unveils its Proof of Quality mechanism to ensure AI result reliability in a decentralized network.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.