A complex deepfake of NVIDIA CEO Jen-Hsun Huang was used to promote a fraudulent cryptocurrency giveaway during a fake live stream mimicking the company’s GPU Technology Conference (GTC). The incident highlights the growing threat of AI-powered fraud and the vulnerability of even tech-savvy audiences.
A convincingly realistic deepfake of Jen-Hsun Huang, NVIDIA’s CEO and President, appeared in a live stream falsely advertised as part of the NVIDIA GTC. The stream, which garnered tens of thousands of views, featured the fake “Huang” announcing a “mass adoption crypto event” linked to NVIDIA’s mission. According to reporting by the register, the deepfake Huang claimed NVIDIA GPUs were crucial for powering Ethereum smart contracts, Solana transactions, and XRP payments . This information was entirely fabricated.
Dylan Martin,a researcher,was able to use Otter AI to transcribe the deepfake’s speech,confirming the fraudulent claims. The stream included a QR code directing viewers to send cryptocurrency to specified addresses under the guise of a giveaway. This tactic is a common method used by scammers to steal digital assets.
