Report: AI deepfake videos may have been used to defraud millions of dollars in FTX claims

On February 18th, according to CoinDesk, data analytics company Inca Digital found that a scammer using AI deepfake video was using fake FTX to liquidate debt fraud companies, involving more than $5.60 million. The scammer successfully defrauded a large amount of money by disguising his identity and making video calls with the company that purchased FTX to liquidate claims. The scammer may have used face-changing technology on the phone and forged relevant documents.
Investigations have shown that the false claims data, although not linked to actual creditors, is still considered valid by buyers. The funds are quickly laundered through non-US exchanges such as Binance, and it is unclear whether federal law enforcement is tracking the data. The Inca Digital report notes that this type of fraud may involve more victims and could affect upcoming FTX clearing payments.