back to article Binance exec says scammers made a 'deep fake hologram' of him to fool victims

A Binance PR exec says crooks created a deep-fake "AI hologram" of him to scam cryptocurrency projects via Zoom video calls. Over the past month, Patrick Hillmann, chief communications officer at the crypto hyper-mart, said he received messages from project teams thanking him for meeting them virtually to discuss listing their …

  1. druck Silver badge

    "Legitimate crypto businesses"

    Say what?

    1. David 132 Silver badge
      Thumb Up

      Re: "Legitimate crypto businesses"

      I know. I can’t help hearing that phrase in the voice of Fat Tony (or just about any Goodfellas character, if you prefer). “We are legitimate crypto businessmen, working for a legitimate crypto business”

    2. Throatwarbler Mangrove Silver badge

      Re: "Legitimate crypto businesses"

      Clearly at least one "legitimate crypto businessman" reads The Register's comments. Or maybe it's a deepfake, downvoting you guys.

  2. Anonymous Coward
    Anonymous Coward

    “Ees legitimate, special price just for you!”

  3. that one in the corner Silver badge

    fool several highly intelligent crypto community members

    Another reminder that "intelligent" and "sensible" are orthogonal

    PS: it was NOT a hologram!

    1. Howard Sway Silver badge

      Re: fool several highly intelligent crypto community members

      It's just the language they use to rope people into the con. Telling people how smart they are to believe in magic free money, how they're the cream of the community. Classic conman behaviour that's been parlayed into an entire "industry".No video of this dazzling AI deepfake hologram has been produced to show how amazingly plausible it must have been, but I'm guessing that as it was used on Zoom, it was just a series of low res jerky screencaptures that the victims didn't look at too carefully as they were too busy being regaled with the talk of zillions more easy dorkdosh.

  4. Anonymous Coward
    Anonymous Coward

    people actually trust their money to this shit

    Considering they are supposed to be "high tech" people, describing it as a hologram is fucking funny.

    You'd have to be a fuckwit to trust them even with your belly button fluff collection (actually worth more than actual crapto-coins).

  5. julian.smith

    The hits just keep coming

    this deep fake was refined enough to fool several .....

    "highly intelligent crypto community members."

    ... a classic demonstration of an oxymoron

    "Criminals don't need advanced technical skills to steal your funds — all it takes is making you believe them."

    A neat description of the crypto "industry"

    Warren Buffet said all of Bitcoin was worth less than $25 .... I think he overvalued it.

  6. Ian Johnston Silver badge

    This sounds very plausible, and definitely not like an attempt to wriggle out of something sketchy even by crypto standards.

    See also "My Twitter account was hacked" (all celebrities)

    1. Michael Wojcik Silver badge

      Alas, it is both plausible as claimed, and plausibly a bogus excuse. The spectrum of fraud in cryptocurrency, DeFi, and related industries is wide. (As those who read Molly White's blog know.)

  7. John Robson Silver badge

    So in no way a hologram

    It was a video fake...

    1. Michael Wojcik Silver badge

      Re: So in no way a hologram

      Video killed the fake-money star.

  8. iron Silver badge

    Hillmann wrote: "Criminals don't need advanced technical skills to steal your funds — that's OUR job."


  9. Justthefacts Silver badge

    A use for blockchain?

    So, the people at Binance are claiming that something there should be only one of (a particular person) has been digitally cloned by bad actors. And they’re looking for a way that any claims made by the “person”, can be authenticated to be made only by the original. But also so that any claims made by the genuine article can’t be repudiated. All this for an electronic communication transaction made over the open internet.

    If only there were some way this could be done? Some technology? I’m going to spitball a new word: crapto-authentication. Someone in Binance could look into developing something like that?

    Either that, or a bunch of oldest of old school con artists at Binance got caught out in a massive lie, which they wanted to repudiate with their Shaggy impersonation (Wasn’t Me). Absolutely either could be true.

    A propos of nothing, when I was six, I had an imaginary friend who went round eating all the cake, and knocking stuff over. He really was very naughty.

  10. RunawayLoop

    Days gone

    Max Headroom has entered the chat

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