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Mexico City Cyber Police Warn of AI Video Scam; Deepfakes Linked to $4.6 Billion Crypto Losses

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Mexico City Cyber Police Warn of AI Video Scam; Deepfakes Linked to $4.6 Billion Crypto Losses

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  • Binance
  • NMás
  • Animal Político

14 posts OpenAI (o3)

Updated

Mexico City’s Cyber Police has issued an alert about a new digital fraud scheme that uses artificial-intelligence generated videos to lure victims into downloading malicious software. The scam relies on websites that imitate legitimate AI video-creation platforms, ultimately stealing personal data and, in some cases, extorting money from users.
Investigators said the tactic is spreading through social media links promising free contests, raffles and video-editing tools. Authorities noted an uptick in complaints from older adults, a group seen as particularly vulnerable, and urged residents to verify website addresses and avoid sharing personal information with unverified services.
The warning comes amid a global surge in AI-enabled crime. A report cited by crypto-exchange Bitget found that deepfake technology accounted for 40% of high-value cryptocurrency fraud in 2024, contributing to an estimated US$4.6 billion in losses. Security researchers at CRIL have also uncovered phishing campaigns that embed malicious URLs inside fake crypto applications.
Private companies are sounding alarms as well. Binance cautioned users to ignore unsolicited requests from individuals posing as customer-support agents and to avoid scanning unknown QR codes that can trigger full account takeovers. Separately, Scale AI said its social-media account was briefly compromised to promote an unauthorized $SCALE token; the firm published the legitimate contract address and advised investors to rely solely on official communication channels.

More breaking stories on DeepNewz — updated live.

Binance
BinanceTwitter verified badge
@binance

New Scam Alert: Face & QR Tricks 🚨 Scammers are faking Binance support to steal your face or trick you into scanning malicious QR codes. One scan = full account takeover. Stay smart. Stick to official channels. Learn how to protect yourself 👉

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Markets News
Markets NewsTwitter verified badge
@MarketsDotNews

AI deepfakes were responsible for 40% of high-value cryptocurrency fraud in the past year, leading to a staggering $4.6 billion lost to scams.

Scale AI
Scale AITwitter verified badge
@scale_AI

The only official $SCALE token contract address is: AJ2FqmZwecbx9H4oraeBYAZNqfdNKTSafYmVLH7ngBLV Please don't fall for any scams. Verify through our official socials (@scale_AI & @scale_token)

Whole Mars Catalog
Whole Mars CatalogTwitter verified badge
@WholeMarsBlog

Looks like Scale AI’s twitter account was hacked. Stay away from this scam token

NMás
NMásTwitter verified badge
@nmas

Technologies such as artificial intelligence make our lives easier. However, we must be very careful when giving you our information. These are some of the most common frauds involving the use of personal data. #Despierta with @daniellemx_ | #DecideInformado | Follow the signal

Associated Financial Markets

Sources

    TechRadar
    TechRadarTwitter verified badge
    @techradar

    Synthetic ID fraud is exploding due to generative AI, while traditional verification methods struggle to stop the fast-evolving fake identities.

    Bitget says that $4.6 billion in crypto was lost to scams in 2024, with much of that attributed to AI-generated deepfakes.

    El Economista
    El EconomistaTwitter verified badge
    @eleconomista

    #Tecnologia | Accounts that you no longer remember having, those that you created to stalk someone or to access a site can become a security risk. 😨

Story Timeline

  • Latest version
    Mexico City Cyber Police Warn of AI Video Scam; Deepfakes Linked to $4.6 Billion Crypto Losses
  • Original version
    Mexico Cyber Police Warn of AI Video Fraud Distributing Malware; Banco de México Urges Credit Card Prudence Amid Rising Phishing Risks