Stay Vigilant: Rise of Deepfake Scams in Crypto

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The crypto space is witnessing a surge in sophisticated scams, including the use of AI-generated deepfakes to impersonate trusted figures and promote fraudulent schemes. These tactics have led to significant financial losses for unsuspecting investors. It’s crucial to verify information sources and remain skeptical of too-good-to-be-true offers. Focusing on established projects with transparent teams and real-world utility can help mitigate risks in this evolving landscape.

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