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SEC Targets Certain Proprietary Trading Firms And Private Funds With Expanded

Deepfake Scam Leads to the Theft of $25 Million

The scammer deceived the employee by using several deepfakes in a multi-person conference call. Deepfake continues to be a problem in the tech world. With the recent Taylor Swift deepfake incident, the awareness of the misuse has grown, but it still doesn't stop bad actors from exploiting generative AI to commit disturbances and crimes.

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