gcdRadar
closedclosed 13 Jul 2025Breaches & attacks4 Confirmed real-world lossAI

AI Deepfake Videos Used in Crypto Scam Targeting Canadian Residents

Scammers deployed AI-generated deepfake videos of public figures to promote fraudulent crypto investments online. Multiple victims lost significant sums after transferring funds to fraudulent wallets.

first report
29 Jun 2025
last update
29 Jun 2025

Timeline · 1

  1. 29 Jun 2025Alleged AI Deepfake Videos Used to Lure Simcoe County, Ontario Residents in Crypto Scam

Sources · 1

Research and catalogues

  1. 2025-06-29

Titles and links belong to their publishers. The summary above is written by gcdRadar in its own words; data is CC BY-SA 4.0.

Classification

AI role
AI-enabled attack
categories
Deepfake fraud
severity
4 · Confirmed real-world loss
targets
Individuals
owasp llm top 10
no entry for these categories
dates
happened 29 Jun 2025 · first reported 29 Jun 2025
origin
AI Incident Database
Derived from the AI Incident Database (CC BY-SA 4.0).
record
confidence 0.85 · created 2026-10-18 06:33Z · updated 2026-10-18 06:59Z

Lane, AI role, categories and severity come from the classifier; the OWASP and ATLAS rows are derived from the categories. How these are assigned

Copy a brief

This record as a short Markdown brief, for a ticket, a chat or a coding agent.

the brief as text
# AI Deepfake Videos Used in Crypto Scam Targeting Canadian Residents

https://gcdradar.vercel.app/incidents/ai-deepfake-videos-used-in-crypto-scam-targeting-canadian-re · AIR-2025-0113 · closed 2025-07-13

- Lane: Breaches & attacks
- Severity: 4 (Confirmed real-world loss)
- Fix status: No fix needed
- First reported: 2025-06-29
- AI role: AI-enabled attack

## Summary

Scammers deployed AI-generated deepfake videos of public figures to promote fraudulent crypto investments online. Multiple victims lost significant sums after transferring funds to fraudulent wallets.

## What to do

No action recorded; read the sources below and the vendor's advisory.

## Latest updates

- 2025-06-29: Alleged AI Deepfake Videos Used to Lure Simcoe County, Ontario Residents in Crypto Scam (https://incidentdatabase.ai/cite/1121)

## Sources

- 2025-06-29 AI Incident Database: Alleged AI Deepfake Videos Used to Lure Simcoe County, Ontario Residents in Crypto Scam https://incidentdatabase.ai/cite/1121

Verify against the vendor's advisory before changing production. Data CC BY-SA 4.0, https://gcdradar.vercel.app.

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