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Hackers Use Deepfakes of Binance Exec to Scam Multiple Crypto Projects


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A recent report from a Binance executive reads more like a tech lingo bingo card than a warning about online stranger danger. Apparently going the usual route to hack crypto projects was a little too “lo-fi” for some crafty scammers, as the crypto exchange announced that hackers had a hologram deepfake to defraud several crypto projects out of their funds.

Binance Chief Communications Officer Patrick Hillmann wrote in a blog post last week that internet scammers had been using deepfake technology to copy his image during video meetings. He started to catch on to this trend when he received messages from the leadership of various crypto projects thanking him for meetings he never attended.

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