How cybercriminals are exploiting digital twins to scam crypto users

Quick Summary:

These scams don’t always rely on evil digital twins alone; many use deepfake videos, AI-generated profiles and hallucinated interfaces to deceive users. Here are some real-world examples:Deepfake CEO scam defrauds chief financial officer via video call: In a sophisticated attack, scammers created digital avatars of a company’s CEO and executives using publicly available video materials.

Scammers can take advantage of the decentralized, unregulated nature of crypto platforms to perpetrate these frauds.  Here’s a deeper look at how scammers weaponize digital twins:Identity cloning: Cybercriminals gather personal data from social media, data breaches and other online sources to create a highly accurate digital twin of a real person.

Cybercriminals use digital twin technology rather than simulating physical objects to create synthetic identities, replicas of real individuals, often derived from stolen data.

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Article Details

Author / Journalist: Cointelegraph by SK Arora

Category: Crypto

Markets: United StatesGeorgiaHong KongMali

Topics: Crypto user Digital twins Scam Cybercriminals

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 09:05:00 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 635 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28391637

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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