AI revolutionises crypto crime: Elliptic report is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.
AI revolutionises crypto crime: Elliptic report is tracked as a internet infrastructure institution within the internet infrastructure ecosystem.
AI revolutionises crypto crime: Elliptic report has public-source relevance to network operations, governance, dependency mapping, or market structure.
AI revolutionises crypto crime: Elliptic report has public-source relevance to network operations, governance, dependency mapping, or market structure.
AI revolutionises crypto crime: Elliptic report is tracked as a internet infrastructure institution within the internet infrastructure ecosystem.
Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.
AI revolutionises crypto crime: Elliptic report is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.
Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.
| 0.90–1.00 | A | High — direct sources |
| 0.75–0.89 | A/B | Strong |
| 0.55–0.74 | B/C | Medium |
| 0.35–0.54 | C/D | Weak–medium |
| 0.10–0.34 | D | Weak signal |
| 0.00–0.09 | D | Internal monitoring |
Several public sources
- AI-driven crypto crimes on the rise.
- Elliptic exposes deepfake scams and state-sponsored attacks.
- Dark web advertises unethical AI for illicit activities.
OUR TAKE
Elliptic’s report is a chilling wake-up call to the sinister marriage of AI and crypto crime. It’s like watching a sci-fi thriller unfold in real life, where deepfake technology blurs the line between truth and deception. This isn’t just about algorithms and codes; it’s about real people falling victim to sophisticated scams. We can’t afford to underestimate the gravity of this threat. It’s time to take action, to stay vigilant, and to fight back against those who seek to exploit technology for malicious gain.
Dudu, BTW Reporter
In a groundbreaking report released by Elliptic, the convergence of artificial intelligence (AI) and cryptocurrency crime has been starkly unveiled. This revelation signals a new frontier in cyber threats, where advanced technologies are harnessed for nefarious purposes.
Unveiling the threat
Elliptic’s 2024 report underscores the alarming trend of AI-driven crypto crimes, shedding light on a range of sophisticated illicit activities. Notably, the report unveils the insidious use of deepfake technology in perpetrating scams and cyberattacks, blurring the lines between reality and deception.
Also read: 5 facts you should know about trading crypto
The deepfake deception
Among the most concerning findings is the proliferation of deepfake videos, meticulously crafted to deceive unsuspecting victims. Notable personalities such as Elon Musk and former Singaporean Prime Minister Lee Hsien Loong have been targeted, their likenesses exploited to promote fraudulent investment schemes. The report exposes the sinister nature of these doctored videos, designed to lure individuals into parting with their funds.
Also read: Why Hong Kong isn’t (yet) a top global crypto hub
Social media manipulation
Moreover, Elliptic highlights the escalating use of deepfake videos across social media platforms, amplifying the reach of crypto scams. By impersonating crypto CEOs and celebrities, scammers entice victims into sending funds to bogus crypto addresses, perpetuating a cycle of deception and financial loss.
At A Glance
- Name: AI revolutionises crypto crime: Elliptic report
- Type: Internet infrastructure institution
- Base: Asia Pacific
- Profile focus: Institution
What It Does
- Public records support monitoring of its role, services, and key relationships.
Why It Matters
- Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.
- Operational criticality: Medium
- Time horizon: Next quarter
What To Watch
- Monitoring focuses on verified service continuity, governance changes, and relationship signals.
Track verified source updates, role changes, and current public evidence.
Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.
Longer-term relevance depends on verified operating, policy, and relationship changes.
Member Briefing
Deeper Profile Context
Login is required to unlock the full profile briefing and source notes.
Only for Strategy Circle
Strategic Circle Access
Open to all readers. Unlock profile briefings after joining and logging in.
Join Strategic CircleOnly for Leadership Alliance
Leadership Alliance Access
For owners and management of IP-holding companies. Login required to unlock.
Join Leadership Alliance
