Artificial Intelligence Defrauded FTX Creditors of Millions: The Second One Will Start!

It has emerged that a scammer has stolen at least 5.6 million dollars by using artificial intelligence-supported face-swapping technology to pretend to sell FTX receivables.

According to the research of the crypto analysis firm Inca Digital, at least two companies were deceived by a scammer trying to sell their claims in the FTX bankruptcy process. It was reported that the fraudster used artificial intelligence-supported face swapping technology to change his face in video calls and provided fake identity information.

It is stated that the scammer deceived investors by using FTX receivables that are real but not owned by him.

During FTX's bankruptcy process, a secondary market has emerged for those looking to collect their debts. However, scammers have seized this opportunity.

Inca Digital CEO Adam Zarazinski stated that the scammer gained trust by using fake identities, incorrect addresses, and artificial intelligence technology. The individual using face swapping technology in video calls also manipulated identity information to convince buyers.

Zarazinski, said that the scale of fraud could be larger than estimated and such cases could increase.

Especially with the revival of the cryptocurrency markets, it was emphasized that investors need to be more careful. Payments to FTX victims are planned to start this week, while experts warn against fraud.

In the second stage of the payment process, requests exceeding 50 thousand dollars will be addressed. In this context, FTX officials have set April 11, 2025, as the registration date. Accordingly, payments for creditors registered on this date will commence as of May 30, 2025. Investors are advised to be cautious in this regard.