Hong Kong Securities and Futures Commission: The public should beware of Quantum AI’s suspected fraudulent activities related to virtual assets

BlockBeats reported that on May 8, the Hong Kong Securities and Futures Commission issued an official announcement to warn the public to beware of Quantum AI's suspected involvement in virtual asset-related fraud.

It is reported that Quantum AI claims to use its related artificial intelligence technology to provide cryptocurrency trading services. The Securities and Futures Commission suspects that Quantum AI uses deep fake videos and photos made with artificial intelligence to impersonate Musk on its website and social media to deceive the public into thinking that Mr. Musk is the developer of Quantum AI's related technology.

The Hong Kong Police Force has taken action to block Quantum AI's website and remove related social media pages at the request of the Securities and Futures Commission. Although the police have taken action, the public should be wary that scammers may continue to establish websites and social media pages with similar domain names.