Hong Kong police arrested 27 people involved in a $46 million crypto romance scam, using deepfake AI to deceive men in Asia. The scammers used advanced technology and fake crypto investments to exploit victims' emotions, reflecting increasing challenges in countering such sophisticated fraud schemes.
The San Francisco City Attorney is suing 18 websites and apps for facilitating 'sexual abuse' through deepfake AI content.
Scammers are using Deepfake AI technology to con millions from crypto users, causing major issues in the crypto market. Recently, $2 million were stolen from an OKX user using this method.