Deepfake Deception: How AI-Driven Scammers Duped Millions in Spain’s Crypto Catastrophe
Spain’s police busted a crypto scam that used AI deepfakes of celebrities to lure victims, defrauding $20.9M from 208 people. Six were arrested in the “COINBLACK – WENDMINE” operation. The scam involved romance baiting and fake financial advice, ending with phony money recovery claims. Stay sharp and don’t trust famous faces!
Hot Take:
When AI meets crime, even your favorite celebrity might start endorsing a scam! Who knew those virtual faces could be so costly? Spain’s police are reminding us that not all that glitters is Bitcoin. If it sounds too good to be true and your “financial advisor” is flirting with you, it might be time to swipe left on that investment!
Key Points:
- Spanish police arrested six individuals behind a major cryptocurrency scam.
- The scam defrauded victims of approximately €19 million ($20.9 million).
- Criminals used AI tools to create deepfake ads featuring public figures.
- Shell companies and multiple aliases were used to launder funds.
- Police seized €100,000, electronics, firearms, and documents during raids.
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