Deepfake Crypto Scam: Hong Kong Police Arrest 27 in $46M Fraud Operation

The post Deepfake Crypto Scam: Hong Kong Police Arrest 27 in $46M Fraud Operation appeared first on Coinpedia Fintech News An international fraud gang has been unmasked for conning people through fake investments in virtual currencies. Hong Kong police have recently disbanded a transnational $46 million deepfake crypto romance fraud operation. Owned by a syndicate operating in several countries, the report now details how the criminals employed Artificial Intelligence in generating fake identities to lure …