U.At the moment – Michael Saylor, chairman of MicroStrategy, a number one enterprise intelligence firm and one among its largest holders, has issued a critical warning to the Bitcoin neighborhood. He revealed that his safety workforce is eradicating synthetic intelligence (AI)-generated deepfake movies that includes him selling Bitcoin scams.

Saylor revealed that his workforce removes roughly 80 faux AI-generated YouTube movies day-after-day, however scammers proceed to create extra.

MicroStrategy's chairman expressed his considerations on X (previously Twitter), warning the crypto neighborhood a few faux podcast urging customers to scan a barcode and ship Bitcoin to obtain double the quantity. These are typical Bitcoin fraud schemes aimed toward tricking and stealing unsuspecting victims.

On this mild, Saylor warns BTC holders that there isn’t any risk-free method to double their Bitcoin and that MicroStrategy is not going to switch BTC to anybody who scans a barcode. We additionally encourage you to all the time confirm moderately than blindly belief.

Saylor just isn’t the one high-profile crypto expertise focused by AI scammers. In November 2023, a deepfake video surfaced on social media exhibiting CEO Brad Garlinghouse selling a faux XRP giveaway.

Synthetic intelligence (AI) is a classy and quickly increasing expertise that may generate life like and compelling digital content material resembling images, video, audio, and textual content. Though synthetic intelligence has many constructive and helpful makes use of, it can be used for malicious functions.

The cryptocurrency neighborhood ought to concentrate on the dangers that AI could pose and take motion to guard their holdings. Greatest practices to keep away from AI fraud embody verifying the supply and authenticity of data and presents associated to cryptocurrencies earlier than taking any motion. You also needs to by no means ship cryptocurrency to unknown or untrusted addresses or platforms, particularly in the event that they promise unrealistic advantages or rewards.

This text was initially revealed on U.At the moment