The rise of AI-driven crypto crimes marks a new era of cyber threats, with an Elliptic report exposing how advanced technologies are being exploited for deepfake scams, state-sponsored attacks, and other sophisticated illicit activities.cites a troubling advertisement for an “unethical” GPT on the dark web, which claims, “AI has two faces, just like humans.
“Doctored videos – or ‘deepfakes’ – of notable individuals promoting investment scams have targeted the likenesses of Elon Musk, former Singaporean Prime Minister Lee Hsien Loong and both the 7th and 8th Presidents of Taiwan Tsai Ing-wen and Lai Ching-te.”The report also highlighted the increasing prevalence of deepfake deceptive tactics scammers employ on social media communities, duping unsuspecting victims into handing over their funds.
According to the report, Anne Neuberger, the U.S. Deputy National Security Advisor for Cyber and Emerging Technologies, also addressed the growing concerns about AI criminality.“Some North Korean and other nation-state and criminal actors have been observed trying to use AI models to accelerate the creation of malicious software and identifying vulnerable systems.”The report elaborates on the extent of AI’s misuse, which can be observed on dark web forums.