Singapore Prime Minister Responds to Crypto Videos That Have Gone Viral


In response to deepfake films allegedly showing him supporting cryptocurrency frauds, the prime minister of Singapore issued a warning.

Prime Minister Lee Hsien Loong of Singapore has issued a warning to the public, urging them not to believe deepfake videos purporting to show him endorsing cryptocurrency investment schemes.

In order to spread false information, deepfakes use artificial intelligence to create videos that have been digitally edited using face swapping to portray harmful comments or incidents. The prime minister has issued a warning after recent comments by Charles Hoskinson of Cardano, who warned that deepfake frauds might eventually become “very convincing.”

On his official Facebook page on December 29, Prime Minister Loong shared a doctored video of himself appearing in an interview with a Chinese news network host. In the interview, they discuss “Elon Musk’s revolutionary platform” that the Singaporean government has approved to offer cryptocurrency investment services.

After his deputy, Lawrence Wong, was similarly attacked, the prime minister made it clear that the video was phony.

Scammers use AI to imitate our voices and appearances. In their “very convincing but completely bogus videos of us purporting to say things that we have never said,” they embellish actual footage of us taken from official occasions, the prime minister wrote.

The prime minister pleaded with the public to disregard the films and encouraged anybody who encounters false information or advertisements promising high returns on investment to report them using the government’s ScamShield Bot on WhatsApp.

The prime minister went on to say that deepfake videos “will continue to grow” in popularity, so people should be more careful. Recent statistics indicate that the nation had a 500% increase in deepfake videos in 2023 compared to the previous year.

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