The California Department of Financial Protection and Innovation reported that as part of the fight against cryptocurrency scammers, it was possible to uncover public figures created entirely by neural networks, posing as CEOs of companies.
California Department of Financial Protection and Innovation published on Twitter a statement that exposed five fraudulent crypto companies. As law enforcement agencies found out, Harvest Keeper, Visque Capital, Coinbot, QuantFund, and Maxpread Technologies offered users to earn money, and after receiving the funds, they stopped responding to messages.
However, interesting in this case is the way to persuade potential customers. As a guarantee of investment security, Harvest Keeper and Maxpread Technologies demonstrated their CEOs by actively publishing materials with their participation in their social networks. As it turned out, both companies did not use real people, but only avatars generated by neural networks.
Previously, the lack of a public “face” was one of the hallmarks of fraudulent schemes, but with the development of generative neural networks, it is becoming increasingly difficult to distinguish a scam. Recently, it also became known that over the past three years, cryptocurrency pyramids have caused damage to CIS users in the amount of $5 billion.
Author:
Grigory Shcheglov
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
