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Incident 871: Reported Deepfake Video of Elon Musk Announcing $20 Million Cryptocurrency Giveaway Circulating on Social Media

Description: A deepfake video is reportedly circulating on social media of Elon Musk announcing a $20 million cryptocurrency giveaway beginning on December 13th, 2024. It is reported to be leading people to a fraudulent website called Elon4u.com.

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Alleged: Unknown deepfake technology developer developed an AI system deployed by Elon4u.com scammers, which harmed Elon Musk and Fans of Elon Musk.
Alleged implicated AI system: Unknown deepfake app

Incident Stats

Incident ID
871
Report Count
1
Incident Date
2024-12-13
Editors
Daniel Atherton
Applied Taxonomies
MIT

MIT Taxonomy Classifications

Machine-Classified
Taxonomy Details

Risk Subdomain

A further 23 subdomains create an accessible and understandable classification of hazards and harms associated with AI
 

4.3. Fraud, scams, and targeted manipulation

Risk Domain

The Domain Taxonomy of AI Risks classifies risks into seven AI risk domains: (1) Discrimination & toxicity, (2) Privacy & security, (3) Misinformation, (4) Malicious actors & misuse, (5) Human-computer interaction, (6) Socioeconomic & environmental harms, and (7) AI system safety, failures & limitations.
 
  1. Malicious Actors & Misuse

Entity

Which, if any, entity is presented as the main cause of the risk
 

Human

Timing

The stage in the AI lifecycle at which the risk is presented as occurring
 

Post-deployment

Intent

Whether the risk is presented as occurring as an expected or unexpected outcome from pursuing a goal
 

Intentional

Incident Reports

Reports Timeline

Incident OccurrenceHas Elon Musk announced a $20 million crypto giveaway? Deepfake video goes viral
Has Elon Musk announced a $20 million crypto giveaway? Deepfake video goes viral

Has Elon Musk announced a $20 million crypto giveaway? Deepfake video goes viral

hindustantimes.com

Has Elon Musk announced a $20 million crypto giveaway? Deepfake video goes viral
hindustantimes.com · 2024

A deepfake video of Elon Musk promising a massive cryptocurrency giveaway has gone viral, sparking confusion and concern. The misleading video falsely promotes a $20 million cryptocurrency giveaway, luring viewers to a website called Elon4u…

Variants

A "variant" is an incident that shares the same causative factors, produces similar harms, and involves the same intelligent systems as a known AI incident. Rather than index variants as entirely separate incidents, we list variations of incidents under the first similar incident submitted to the database. Unlike other submission types to the incident database, variants are not required to have reporting in evidence external to the Incident Database. Learn more from the research paper.

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