The deepfake, aired on YouTube, targeted viewers with a common “double-your-money” crypto scam. In these fraudulent live streams, the AI-generated Cook urged viewers to send Bitcoin to a specific address.
Scammers are targeting Apple fans with deepfake crypto scams on YouTube.
In these scams, fraudsters are using AI to generate deepfakes of Apple CEO Tim Cook, which are then used to promote crypto scams during livestreams of Apple events.
During these livestreams, the fake Cook urges viewers to send Bitcoin to a specific address, promising to return double the amount in a classic crypto scam.
The latest scam coincided with Apple’s official “Glowtime” event, during which the tech giant unveiled its latest iPhone models. Scammers are capitalizing on the immense attention the event is generating with fake streams surfacing alongside the genuine Apple broadcast on YouTube.
Some of these streams were even deceptively presented as coming from “Apple US” and featured a verified account checkmark, adding an extra layer of credibility to the fraudulent content.
In one scam stream, the fake Cook told viewers to deposit Bitcoin, promising Apple would double the amount. The message echoed the typical rhetoric of crypto scams, promising lucrative returns while stealing users’ funds.
More About Crypto Scam & Apple
According to screenshots shared on X (formerly Twitter), some of these scam streams attracted hundreds of thousands of views. However, it is believed that many of these views were generated by bots to make the stream appear legitimate.
Following the incident, YouTube acknowledged the issue with the scam streams on September 9th via a post on X. The platform urged users to report suspicious videos and assured that the fake streams were removed. The accounts responsible for the scam were also closed following the incident.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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