Tim Draper warns of crypto scams using his AI-synthesized voice
American venture capitalist Tim Draper issued a warning on social media that scammers are attempting to con crypto users using an artificial intelligence (AI) voice generator.
In an Oct. 19 post on X (formerly Twitter), Draper warned his roughly 254,000 followers to be mindful of “thieves” using AI to create an approximation of his voice. According to the venture capitalist, “AI is getting smarter” as evidenced by followers seemingly reporting Draper tried to get them to send cryptocurrency.
Apparently AI is getting smarter, and people are using my voice to try to get you to send money (crypto). Please know that I will never ask the public X followers for money. If anyone asks, it is not me. They are thieves.
— Tim Draper (@TimDraper) October 19, 2023
Related: Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs
Recent advancements in AI have made it easier for the average person to hear their favorite celebrity’s voice or watch a video of politicians saying whatever they want through certain programs. Following the collapse of FTX in November 2022, scammers created a deepfake video of former CEO Sam Bankman-Fried offering compensation to affected users. A similar situation occurred with a deepfake of Tesla CEO Elon Musk in May 2022.
Draper, who once predicted that the price of Bitcoin ( BTC ) would hit $250,000 by 2023, was an early investor in the cryptocurrency. Despite losing roughly 40,000 BTC when Mt. Gox collapsed in 2011, he has continued to be an advocate for the space and digital assets.
Magazine: US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With XRP Under Pressure, Major Investors Shift Focus to this Rising Altcoin

Fermion Protocol Redefines Luxury Ownership with $1M Dolce & Gabbana Glass Suit Fractionalization
Why Altcoins Can’t Make the Expected Mega Bullish Move? Analyst Reveals the Main Reason
While Bitcoin is trading near all-time highs, why are many altcoins nowhere near record highs?
Spot Litecoin ETF Under SEC Review Added to DTCC List – What Does It Mean?
Canary's spot Litecoin ETF has been included in the DTCC's ETF list.
Trending news
MoreCrypto prices
More








