Scammers Send Fake Crypto Boss To Business Meetings

When a cryptocurrency executive started receiving messages thanking him for attending virtual meetings he had never attended, alarm bells rang.

Hackers had created a “deepfake” version of him, using videos to create a realistic impression they could deploy in scam attempts.

Patrick Hillman, Director of Communications at Binance, the world’s largest exchange by volume for trading cryptocurrencies such as bitcoin, wrote in a blog post: “Over the past month, I have received several online messages thanking me for taking the time to meet with the project teams regarding potential opportunities to list their assets on Binance.com. This was odd since I have no oversight or insight into Binance listings, and hadn’t met any of these people before.

“It proves