Deep Fakes of Elon Musk Promote BitVex Fraud

The spoofed  BitVex crypto trading platform claims to be managed by Tesla CEO Elon Musk, who founded it to provide 30% returns on bitcoin deposits.

What Happened?

This phishing attempt started earlier this month with threat actors establishing new YouTube accounts or hacking into ones that already existed in order to broadcast deep fake films purporting to be of Elon Musk, Cathie Wood, Brad Garlinghouse, Michael Saylor, and Charles Hoskinson.

These videos are authentic interviews that have been altered using deep fake technology so that the person’s voice may be used to read a script that threat actors created, but if you pay close attention, you will notice that the deep fake synchronizes the person’s speech to the script that the threat actor is reading, which is so ridiculous that it borders on being funny.

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Source

Numerous additional indicators point to the fact that this is an elaborate hoax, in addition to the fact that the interviews have been tampered with in order to give the impression that Elon Musk is promoting the BitVex trading platform using his own voice.

A number of YouTube channels that promote this trading platform have been hijacked, and as a result, users

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