Mohammed Dewji’s X account was hacked by crypto scammers, using deepfake technology to promote a fraudulent $Tanzania token. Despite Dewji’s attempts to clarify the hack, his account continued posting videos, misleading investors. The scam led to $1.48 million in investments. Dewji, who had no involvement in the scam, urged improved cybersecurity in response. The incident highlights the growing threat of deepfakes in cryptocurrency fraud, as social media platforms like X become prime targets due to lax content moderation.
Source: Forbes Africa
