It’s common for scammers to impersonate companies or executives but one group has taken it even further
A group of fraudsters have targeted a Binance executive by creating a deepfake image.
Deepfakes can use a celebrity’s face or manipulate their lips to say something else.
The team used news interviews and TV appearance of Binance’s Chief Communications Officer, Patrick Hillmann to impersonate him having meetings with other crypto developers.
The executive was surprised when people began thanking him for listing their projects on the Binance platform.
“This was odd because I don’t have any oversight of or insight into Binance listings, nor had I met with any of these people before,” he said.
In a recent blog post, Hillmann says there has been a recent increase in these instances.
“Beyond this latest incident, there’s been a recent spike in hackers pretending to be Binance employees and executives on platforms such as Twitter, LinkedIn, Telegram.”
PATRICK HILLMANN, BINANCE’S CHIEF COMMUNICATIONS OFFICER
The company is urging crypto developers to be careful with who they trust.
