Cryptocurrency hackers steal tokens from affected users by impersonating FTX founder

A deepfake video featuring former FTX CEO Сем Бенкман-Фрід" href="https://noworries.media/biography/sem-benkman-frid/" data-bio-id="3697">Sam Bankman-Fried has started circulating on Twitter, with hackers impersonating Fried promising deceived investors a refund and doubling of their profits. Using artificial intelligence technologies, the fraudsters combined an overlay of images, videos, and Sam Bankman-Fried's voice, which urges users to go to the phishing site.

Over the weekend, a verified account posing as FTX founder SBF posted dozens of copies of this deepfake video offering FTX users «compensation for the loss» in a phishing scam designed to drain their crypto wallets pic.twitter.com/3KoAPRJsya

— Jason Koebler (@jason_koebler) November 21, 2022

The fake video was shared by a verified account, so users had reason to believe the fraudsters by paying attention to the blue checkmark. It has now become known that the «S4GE_ETH» account has been hacked, and its owner is not involved in the fraudulent scheme. «As you know, our FTX exchange has gone bankrupt, but I hasten to inform you that you should not panic ,» the fake Bankman-Fried says to the deceived investors.

Deceived FTX clients who have lost tens of thousands of dollars are looking for any way to get their money back. It is believed that users of the bankrupt exchange can expect to get their money back for decades. Stephen Erell, an insolvency attorney and partner at Co Cordis, said this. According to Erell, defrauded FTX investors are in a long line, after large creditors, multimillion-dollar investors and venture capital sponsors. As Simon Dixon, founder of the global investment platform BnkToTheFuture, explained, a special committee will be set up to help FTX clients to represent the interests of users.

The number of customers to whom the FTX cryptocurrency exchange owes funds may be more than a million, not 100,000, as previously reported. Also, according to a Reuters article published on November 20, the exchange owes its 50 largest creditors «nearly $ 3.1 billion».