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- A fake video of Sam Bankman-Fried, the ex-chief executive officer of FTX has been shared on Twitter which later became viral.
- The video says that the officer is trying to fraud and trick investors impacted by the exchange’s collapse.
The video was made using apps to copy the ex-CEOs resemblance and voice, the imperfectly made “deepfake” video tried to refer users to a malignant site under the guarantee of a “giveaway” that will make your cryptocurrency 2x.
The video seems to be an old interview clip of the ex-CEO and used a voice copier to make a copy of him saying “as you already know the F-DEX exchange is going bankrupt, but I quicken to publicize to all users that you shouldn’t get anxious.”
The fraud ex-CEO then refers clients to a website written FTX has created a giveaway for you in which you can make your crypto 2x” to be specific “2x your crypto fraud where clients give crypto under the guarantee that they will get double the amount sent.
A now-banned Twitter account with the name “S4GE_ETH” is acknowledged to have been agreed, resulting in fraudsters sharing a link to the fraud website, which now seems to have been taken offline.
The crypto community has highlighted the fact that fraudsters were capable of paying a little amount just to get the blue tick verification of Twitter to look genuine. At the same time, the video got general contempt for its bad production condition with one Twitter user mocking the way fraud production said “FTX” in the video, stating they are undoubtedly using ‘Effed-X’ from now on.”
Criticism of FTX and Sam Bankman-Fried
Meanwhile, it gave various people the chance to criticize Sam Bankman-Fried. A user commented “scam Bankman-Fried at least accepts that the exchange is bankrupt” and Youtuber Stephen Findeisen posted a video stating he can not say who tells a lie more between the real and fake Bankman-Fried.
On November 19, officials in Singapore alerted collapsed FTX users and investors to be aware as websites providing services taking guarantee to help in retrieving crypto frozen over exchange are frauds that mostly take detail like account logins.
The Singapore Police Force alerted of websites like that which gave rise to FTX users logging in with their account details that purported to be anchored by the U.S. Department of Justice.
Others have tried to benefit from the limelight FTX and its ex-CEO are in. On November 14, soon after Sam tweeted “What” for more description, some remarked the introduction of a so-called “meme token” named WHAT.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
