Hackers reportedly deepfaked a Binance exec to carry out listing scams

Hackers reportedly deepfaked a Binance exec to carry out listing scams

Binance's chief communications officer says hackers used a deepfake of his image in Zoom calls to scam cryptocurrency executives. Patrick Hillmann claims the hackers successfully duped crypto project representatives into thinking he would help their tokens get listed on Binance's exchange.


In a blog post spotted by Bitcoin News, Hillmann wrote that the scammers built the deepfake based on his interviews and TV appearances. Hillmann learned about the deception after receiving messages thanking him for discussing listing opportunities. However, he said he didn't meet with any of those people and that he's not involved in Binance's listing process.



"This deepfake was refined enough to fool several highly intelligent crypto community members," Hillmann wrote. It's not clear how many crypto projects were affected by the scam or how much the folks behind them may have paid for the promise of a Binance listing. Binance doesn't have a set figure for listing fees. It asks projects to propose a number they're comfortable with and donates fees to charity. Hillmann notes that Binance has stringent cybersecurity rules. Still, that won't stop hackers from trying to impersonate its workers. "There’s been a recent spike in hackers pretending to be Binance employees and executives on platforms such as Twitter, LinkedIn, Telegram, etc," Hillmann wrote. Binance CEO Changpeng Zhao recently warned that there are around 7,000 pu ..

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