You mentioned the case of a gang in Guangzhou using AI to create deepfake videos impersonating Elon Musk to carry out a cryptocurrency scam worth 520 million yuan. In addition, there are many similar cryptocurrency scams globally that have used AI to forge Elon Musk's image.
Guangzhou Gang 520 Million Yuan Fraud Case: The gang's core method was to use AI deepfake technology to forge Elon Musk's image and create promotional content for virtual currency. They relied on this technology to make the fake videos look very realistic, and under the pretense of having Musk endorse the project, they fabricated a high-quality cryptocurrency project, also luring investors with promises of high returns. In just three months, they defrauded up to 520 million yuan. When investors later noticed something was wrong and tried to contact the project for withdrawal, not only could they no longer reach the other party, but the corresponding investment platform was also directly inaccessible, making it difficult to recover the funds.
Similar Derivative Scams Worldwide: This type of AI-generated cryptocurrency fraud impersonating Musk is rampant globally. For example, 82-year-old retired American Steve Beecham, after seeing a video of AI impersonating Musk recommending a high-return investment scheme, initially invested $248 to test the waters, and eventually invested over $690,000 of his retirement savings, all of which was ultimately taken by the scammers. The production cost of these scam videos is only about $10; the scammers edit real interview clips of Musk, use AI to change his voice, and adjust lip movements to match the fake script, while also adding news agency logos to enhance credibility. These videos are spread through platforms like Facebook and YouTube, with Musk's image accounting for nearly 90% of such forged videos related to cryptocurrency. There are also victims who lost assets worth different amounts, including $36,000 in Bitcoin, after seeing a fake live broadcast of Musk's cryptocurrency doubling plan.
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Family, the Binance Alpha airdrop calendar has been completely empty for the past two days, with no activity at all, and a total of zero airdrops over the weekend; this situation is quite rare! Many people are starting to panic, worried that Alpha is done for! Let’s talk about my views on how the market will develop.
🌟|Current Situation Observation: 1. Today is December 8, and I originally held out a bit of hope to see if there would be a sudden surprise airdrop, but as of now, there’s nothing at all. Two days of just staring blankly over the weekend, this has hardly ever happened before. What Sister said in her previous message is correct; even if there is a need for upgrades or transformations, it shouldn't just stop abruptly; there should be a buffer period to allow everyone to adjust gradually, or else no one will feel secure.
2. Let’s calmly analyze the current situation: what everyone fears the most is that Alpha suddenly finishes. But to be honest, the core logic of the Alpha sector is very simple: many projects lack the strength to directly approach Binance spot trading, so they want to leverage Binance’s traffic and liquidity, thus giving out some chips to us users. This model has actually been quite stable up to now; I believe the lack of airdrops in the short term isn’t mainly Binance’s fault, but rather the project party doesn’t want to rush to launch at this point.
3. With the market fluctuating like this, no one wants to crash right after launching. I agree with Sister's suggestion for transformation. The overall market hasn’t been very strong for the past two months, and everyone playing Alpha hasn’t made money; Binance is continually distributing tokens but is also being criticized, which is quite unfair. The model itself isn’t flawed; it’s just that the market conditions are dragging it down. Once the bull market kicks in, project parties will rush in, and Alpha will definitely become lively again, bursting with vitality is not a problem.
🌟|Experience Sharing: Personally, I still stick to the old strategy, continuously hitting the 16500 level just to seize that opportunity. Everyone should also act according to their own capital and risk tolerance, and not follow blindly. The number of active users in Alpha has dropped to over 200,000, basically hitting the bottom. Most retail investors have left, knowing that places where money can be made won’t easily drop gold; during the washout phase, we need to hold on a bit longer. Everyone should pay attention to controlling risks and avoid going all in. In any case, don’t panic; Alpha will naturally come back when the market conditions improve. What do you think? Share your thoughts in the comments; did you score any points over the weekend without an airdrop?
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On-chain scams are rampant; let's learn about new types of fraud.
A typical Ponzi scheme that exploded at the end of 2025, dressed in the guise of AI computing power, attracted over 150,000 investors in just 6 months, with a peak involvement exceeding 1.2 billion yuan.
Packaging hype: The platform exploited the AI computing power trend, falsely claiming to have 100,000 GPU servers, while also fabricating computing power leasing agreements and cooperation documents with well-known AI companies. It launched computing power packages ranging from 1,000 to 500,000 yuan, claiming an annualized return of 65%-230%. At the same time, the app displayed false computing power usage rates and order volume data, even broadcasting pre-recorded data center live videos. Additionally, it fabricated a proprietary token, SBC, claiming it would appreciate once listed on exchanges. Moreover, it hired washed-up internet celebrities and fake experts for promotion, built over 500 WeChat groups, and created a money-making atmosphere through brainwashing by mentors and fake profit screenshots from hired supporters.
Inducing investment: The platform initially allowed small investors to quickly reap profits, for example, investing 10,000 yuan could yield 180 yuan in just 3 days with instant withdrawals. It also offered incentives for new sign-ups, allowing users to earn a commission of 5%-15% by inviting friends to invest. If they invited 10 people, they could upgrade to a computing power agent and receive team bonuses. Many investors not only increased their investments but also brought in friends and family, leading to rapid expansion of the platform's funds.
Harvesting and fleeing: Starting in October 2025, the platform began to delay withdrawals, changing the receipt time from T+1 to T+7, and later required a 10% fee for large withdrawals. On November 20, the platform announced a system upgrade for 72 hours and suspended related functions. However, after the upgrade ended on November 25, investors logging into the app found their account balances and transaction records completely emptied, and both the app and website were unusable. Customer service and promoters became unreachable, while investors' funds had already been consolidated through private accounts, converted into virtual currency, and transferred to Southeast Asia. The police only managed to recover less than 7% of the total amount involved.