Crypto scammers steal 19 million Euro with AI-generated celebrity endorsements on Spain’s Costa Blanca

915
Crypto scammers steal 19 million Euro with AI-generated celebrity
Image by KI
Advertisment

In a cryptocurrency scam, over €19 million was deposited for a gang in the province of Alicante posing as financial advisors. The scammers produced AI-generated fake videos featuring celebrities promoting their products to gain the trust of potential victims. Authorities reported that 208 people were duped into making bank transfers into nonexistent crypto investments by…

Become a Premium Member

Dive into a world of exclusive Bitcoin insights and analyses, reserved only for Premium Members.

Gain unlimited access to all in-depth articles and exclusive content.

Become a Premium Member Now and Secure Your Benefits!

Already a member? Log in here

Join our Newsletter