Binance founder Changpeng Zhao stated that deepfake videos created by artificial intelligence pose an increasing threat to the crypto community. Zhao warned against fake videos on social media showing him supporting some tokens.
Deepfake Videos Warning
In a post he made on the social media platform
“There are deepfake videos of me on other social media platforms. Please be careful!” –Changpeng ‘CZ’ Zhao
Such AI-generated videos are a result of using deep learning algorithms to produce misleading content. Zhao’s warning should be seen as a warning against the proliferation of AI-powered scams in the crypto world.
Deepfake Attacks
AI-powered deepfake videos are becoming widespread not only in the crypto space but also among celebrities. The issue became a hot topic when fake videos of people like Taylor Swift and Donald Trump were created, which raises security concerns.
Ripple 
$0.538877 CEO Brad Garlinghouse similarly stated that deepfake frauds are increasing and that he is promoting wrong products with fake videos. While Binance warns its followers to stay away from fake accounts against such content, Zhao is expected to take part in a crypto event for the first time in a long time at Binance Blockchain Week, which will be held in Dubai on October 30-31.
With the rapid development of AI technologies, digital security measures must also keep up with this change. In the internet age where false information spreads rapidly, deepfake videos that further increase the chaos may bring about insurmountable problems.
In this context, Binance and other platforms play a leading role in quickly informing users and ensuring their security. It may be useful to prepare warning lists, especially for regularly created videos.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
