HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinSingapore PM Warns Residents About Deepfakes Exploiting Likeness for Crypto Scams

Singapore PM Warns Residents About Deepfakes Exploiting Likeness for Crypto Scams

The prime minister recently shared a video of himself participating in an interview, which unfortunately turned out to be a creation by scammers. The intention behind this video was to promote a fraudulent scheme called “hands-free crypto trading.” It is disheartening to see scammers exploiting the prime minister’s image and reputation for their own deceitful purposes. This incident serves as a reminder of the ongoing presence of scams and the importance of remaining vigilant when it comes to online investments and financial transactions.

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