Binance founder Changpeng Zhao recently warned users about unauthorized videos allegedly depicting him promoting various cryptocurrencies.

The Threat of Fake Videos in the Crypto Community

Changpeng Zhao reported that videos claiming to show him endorsing cryptocurrencies are being spread. These clips are unrelated to him and serve only to deceive investors. He urged users to be vigilant and verify any received information.

Zhao’s First Public Appearance

AI-generated fake content has become a concern in the crypto industry. Zhao, like other public figures, has been targeted by this scam. He will attend Binance Blockchain Week in Dubai, marking his first public appearance after being released from prison in the USA.

Recommendations for Users

Zhao advised to carefully verify all information regarding financial transactions and to remain cautious. He emphasized the importance of relying on credible sources.

The risks of fake videos are significant, and cryptocurrency market participants should remain cautious. Changpeng Zhao continues to call for diligence and attention to detail.