Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Samyuktha Sriram

No, Tesla Isn't Giving Away Bitcoin: Watch Out For This Elon Musk Deepfake Video

Elon Musk Bitcoin Nasdaq Tesla Inc.

A deepfake video depicting an AI-version of Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is going viral, once again.

What Happened: The deepfake video appears to show Musk explaining how Tesla will give away 2 Bitcoin (CRYPTO: BTC) for every one Bitcoin sent to the scammer’s wallet address.

See Also: How To Buy Bitcoin (BTC) 

In the video, the AI-Musk even acknowledges the downturn in Bitcoin’s price and claims that Tesla is offering to distribute double the amount invested on the scammer’s website.

The number of bots and deepfake videos promoting crypto scams has been on the rise, with the latter having a larger success rate.

Earlier this month, another deepfake video made the rounds on social media drawing in unsuspecting investors with promises of larger returns in exchange for crypto deposits.

The video caught the attention of Musk himself, who tweeted “Yikes. Def not me,” after seeing it.

Price Action: According to data from Benzinga Pro, BTC was trading at $1,936, down 2.79% in the last 24 hours.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
France to ban smoking in schools, parks, beaches to protect children
Starting Sunday, smoking will be banned on beaches, in parks, and at bus shelters. The government’s decree extending the ban to certain outdoor public spaces was published in the Official Journal on Saturday. For now, no fines will be issued for violations.
Euronews
Euronews
‘They literally left me with 1 blanket and a cat bed’: Woman hires All My Sons movers. Then they ‘steal’ all her stuff
Moving is one of the most dreaded tasks. One creator says they had a particularly nightmarish experience when their moving company packed up their stuff, then unexpectedly vanished for the night. Meghin (@ex_barista) says they contacted All My Sons in Mechanicsville, Virginia, a week before their move.
The Mary Sue
The Mary Sue
Charlize Theron shares her two dating app red flags after signing up to Raya
‘No, I don’t like it,’ actor said
The Independent UK
The Independent UK
First Steps to ruin: Is Marvel’s Fantastic Four finally about to let the bad guys win?
Is cosmic obliteration really what the future holds, as the latest trailer for the forthcoming First Steps appears to show?
The Guardian - UK
The Guardian - UK
Back to the Future at 40: the trilogy has never been remade – let’s hope that doesn’t change
It has now been four decades since Marty McFly first hit 88 miles per hour in a time-travelling DeLorean. Robert Zemeckis’s sci-fi adventure blockbuster didn’t just navigate the space-time continuum onscreen (thanks to the flux capacitor). It also found a lasting place in the hearts of its audience.
The Conversation
The Conversation
‘Bro thinks he’s a rapper’: Justin Bieber leaves fans baffled with Instagram name change
Justin Bieber is going off the deep end.
We Got This Covered
We Got This Covered
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play