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Entities

Kroll’s claims database

Incidents implicated systems

Incident 10672 Report
Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

2025-02-18

An individual or group allegedly used AI-based face modification tools to impersonate FTX claimants in video calls, reportedly defrauding two companies of over $5.6 million in the secondary claims market. The perpetrator reportedly used forged IDs, deepfake-style visuals, and claim data likely obtained from public records or a prior breach at Kroll. Funds were alleged to have been laundered through exchanges including Binance, CoinEx, and Gate.io.

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Related Entities
Other entities that are related to the same incident. For example, if the developer of an incident is this entity but the deployer is another entity, they are marked as related entities.
 

Entity

Fraudster using aliases Lim Chee Chong and Teh Jin Loon

Incidents involved as Deployer
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Unknown deepfake technology developer

Incidents involved as Developer
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Unnamed providers of synthetic video generation software

Incidents involved as Developer
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Two unnamed companies that purchased fraudulent FTX debt claims

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

FTX estate

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Kroll

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Public trust in FTX bankruptcy claims resolution process

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Cryptocurrency market participants exposed to fraudulent claims resale

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Claims verification and due diligence infrastructures in secondary debt markets

Incidents Harmed By
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Unknown deepfake technology

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

ProtonMail

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

FTX claims portal

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

CoinEx

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Binance

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Gate.io

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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Entity

Orbeon Forms

Incidents implicated systems
  • Incident 1067
    2 Reports

    Alleged Use of Purported AI-Generated Identities to Defraud FTX Claims Buyers of $5.6M

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