"Legitimate crypto businesses"
Say what?
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 …
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.
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.
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.