Singapore Prime Minister Warns Residents of Deep Scams Using Analogy to Crypto Scams

Singapore Prime Minister Warns Residents Of Deep Scams Using Analogy To Crypto Scams


Singapore Prime Minister Lee Hsien Loong has warned his followers on social media to beware of fake videos using his voice and image to promote cryptocurrency scams.

On December 28 on X (formerly Twitter), LinkedIn and Facebook, Long urged his followers not to respond to scammers using artificial intelligence (AI) technology to create elaborate hoaxes that claim the prime minister will “return on investments” and give crypto gifts. Long shared a video of himself being interviewed to promote a form of “hands-free crypto trading” created by scammers.

“The use of advanced disinformation technology to spread disinformation will continue to grow,” Long said. “We must learn to be vigilant and protect ourselves and our loved ones from such scams.”

Source: Facebook

Related: Crypto thieves will deploy more convincing AI scams by 2024

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Long has been a target for fraudsters since before the advent of certain AI tools. In the year In 2021, a man set up a profile on BitClout to sell tokens using fake social media accounts, warning Singaporeans to “be vigilant when interacting with cryptocurrency platforms”. In the year He and Deputy Prime Minister Lawrence Wong faced questions from lawmakers following the 2022 FTX collapse.

Since the creation of cryptocurrency, fraudsters have used various methods to send users fiat or tokens. Hackers hacked the accounts of high-profile Twitter users in 2020, including US President Barack Obama and most recently President Joe Biden, to promote Bitcoin (BTC) scams.

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