Deepfake case study · Multi-modal
Elon Musk deepfake (Nov 2024)
Deepfakes of Elon Musk were used in cryptocurrency investment scams, resulting in billions of dollars in losses. One victim, Heidi Swan, lost over \$10,000. The FTC and BBB have issued warnings. The ease of creating…
- Incident date
- Nov 2024
- Target
- Elon Musk
Updated May 6, 2026 · 1 min read
Deepfakes of Elon Musk were used in cryptocurrency investment scams, resulting in billions of dollars in losses. One victim, Heidi Swan, lost over $10,000. The FTC and BBB have issued warnings. The ease of creating these deepfakes was demonstrated using readily available AI tools. Deepfake detection websites show varying accuracy.