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

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

MicroStrategy's chairman warned the crypto neighborhood on X (previously Twitter) a few pretend podcast encouraging customers to scan barcodes and ship Bitcoin to obtain double the quantity. These are typical Bitcoin fraud schemes aimed toward tricking and stealing unsuspecting victims.

On this gentle, Saylor warns BTC holders that there isn’t any risk-free technique to double their Bitcoin and that MicroStrategy won’t switch BTC to anybody who scans a barcode. We additionally encourage you to at all times confirm somewhat than blindly belief.

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

Synthetic intelligence (AI) is a complicated and quickly increasing expertise that may generate real looking and compelling digital content material resembling pictures, video, audio, and textual content. Though synthetic intelligence has many optimistic and helpful makes use of, it may also 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 embrace verifying the supply and authenticity of data and affords associated to cryptocurrencies earlier than taking any motion. You must also 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.As we speak