FBI flags active $400M crypto scam using deepfaked faces to target contacts
AI summary
The FBI warned that a roughly $400 million crypto scam is active, with North Korean hackers reusing stolen accounts and webcam footage to impersonate contacts and lure victims into fake meetings. The scheme relies on face-replacement in videos to make the outreach look legitimate. Traders should care because it signals elevated social-engineering risk around crypto accounts and could invite tighter scrutiny of exchange and wallet security.
