Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy

9 months ago

Microstraetgy’s enforcement chairman, Michael Saylor, has warned astir caller bitcoin giveaway scams utilizing AI-generated deepfake videos featuring him and his company. “There is nary specified happening arsenic a escaped lunch,” the Microstratgy enforcement stressed. The deepfake Saylor urges investors to nonstop him bitcoin oregon ether, promising to treble immoderate magnitude sent.

Saylor Warns of Deepfake Bitcoin Giveaway Scams

A question of scams targeting cryptocurrency investors utilizing AI-generated deepfake videos has swept crossed platforms similar Youtube and X, with Ripple CEO Brad Garlinghouse and Microstrategy enforcement president Michael Saylor among the salient figures featured.

On Friday, Saylor issued a informing astir fraudulent deepfake videos of him and Microstrategy giving distant bitcoin appearing connected Youtube. The AI-generated videos prompted him to impulse his followers to workout caution, emphasizing: “There is nary specified happening arsenic a escaped lunch.”

Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy

The video shows a deepfake of Saylor urging viewers to nonstop him bitcoin, promising to treble the amount. He besides claimed that the SEC approving a spot bitcoin exchange-traded money (ETF) would nonstop the terms of BTC to a staggering $1 million. Clicking connected the video nexus directs you to a scam website claiming to connection the “biggest crypto giveaway” with 1,000 BTC and 10,000 ETH up for grabs. The website encourages contiguous information with constricted spots disposable and nary crypto cognition required.

“During this unsocial event, you person the accidental to instrumentality a stock of 1,000 BTC & 10,000 ETH. Have a look astatine the rules and don’t miss retired connected this. You tin lone enactment once!” the website details. “Our exemplary is based connected guaranteed outcome,” the deepfake, AI-generated Saylor said, urging investors to scan the QR codification that appears connected their screen.

Saylor precocious revealed that helium is selling $216 cardinal of Microstrategy’s shares with a program to bargain much bitcoin for his idiosyncratic holdings. While the enforcement president has not disclosed however overmuch BTC helium owns recently, helium said successful October 2020 that helium personally owns 17,732 BTC. Meanwhile, his bundle quality steadfast publically reported holdings of 189,150 bitcoin arsenic of December 2023.

What bash you deliberation astir deepfake bitcoin scams featuring Microstrategy’s enforcement chairman, Michael Saylor? Let america cognize successful the comments conception below.

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