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Singapore PM’s Image and Likeness Used in Crypto Investment Scam with Deepfake Tech

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Lee Hsien Loong Takes Stand as Deepfake Videos Threaten Public Trust

  • Prime Minister Lee Hsien Loong issues a public warning about circulating deepfake videos promoting cryptocurrency scams.
  • Deputy Prime Minister Lawrence Wong also targeted in similar incidents, raising concerns about the deceptive use of AI technology.
  • Lee urges public vigilance, advises against responding to scam videos, and emphasizes reporting through the government’s ScamShield Bot on WhatsApp.
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Singapore Prime Minister Lee Hsien Loong has issued a public warning regarding a deepfake crypto investment scam. The Prime Minister addressed the emergence of circulating videos promoting cryptocurrency scams, cautioning the public against falling victim to deceptive schemes. Notably, Deputy Prime Minister Lawrence Wong has also been targeted in similar incidents.

Deepfake technology, employing artificial intelligence, has been used to manipulate voices and images, creating convincing but entirely fabricated videos. An example includes an altered video featuring Prime Minister Lee in an interview discussing a fictitious government-sanctioned investment platform linked to Elon Musk. The deceptive nature of these videos raises concerns about their potential impact on public trust and financial security.

Prime Minister Lee took to Facebook to officially address the deepfake videos. In his statement, he strongly discouraged the public from responding to scam videos promising guaranteed returns or ‘giveaways.’ Instead, he urged individuals to report such scams and fake news through the government’s ScamShield Bot on WhatsApp, emphasizing the importance of collective vigilance against fraudulent activities.

Also Read: India to Ban Major Crypto Exchanges including Binance, Huobi, and KuCoin

Past Warnings and Concerns by Prime Minister Lee

Prime Minister Lee’s earlier posts have highlighted the dangers associated with artificial intelligence. He expressed concerns about the sophistication of AI in creating realistic fake content, making it increasingly challenging to discern genuine information from manipulated content.

Lee acknowledged that scammers strategically exploit periods of heightened media coverage on him to execute cryptocurrency scams and disseminate fake advertisements. Stressing the importance of vigilance, he underlined the need for individuals to protect themselves against these scams and deceptive tactics.

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Future Threats and Call for Vigilance

Prime Minister Lee has predicted a continued growth in deepfake technology, amplifying its potential for spreading disinformation. This forecast serves as a stark reminder of the evolving nature of threats, necessitating proactive measures to counteract the misuse of AI-generated content.

In light of the anticipated rise in deepfake technology, Prime Minister Lee issued a call for continued vigilance among the public. He emphasized the collective responsibility to safeguard against evolving scams, urging individuals to be proactive in protecting themselves and their loved ones from the potential consequences of deceptive AI-generated content.

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