Binance Founder CZ Warns Users About the Use of AI Deepfakes in Crypto Crypto exchange giant
Binance's CEO Changpeng Zhao (CZ) has flagged a warning regarding AI-enabled deepfake videos that pose significant risks to cryptos. Referring to an AI-powered video post featuring
Joshua Xu, CEO of HeyGen, CZ said that such videos are “pretty scary from a video verification perspective.”
“Don't send people coins even if they send you a video,” he wrote.
The Tweet by Xu included 100% AI-generated videos of his own avatar and voice clone.
“We've made massive enhancements to our life-style avatar's video quality and fine-tuned our voice technology to mimic my unique accent and speech patterns perfectly,” the post added.
The HeyGen CEO noted that this feature will soon be deployed to production
for everyone to try and that the AI video generator would take only “two minutes” to create a real-looking digital avatar.
According
to the Binance website, users must submit video evidence
to verify the identity of the customer to withdraw funds from the exchange. The know-your-customer (KYC) process mandates
a video verification along with a picture of the user’s ID card or passport.
