PANews reported on April 12 that according to Decrypt, Spanish police arrested six people in a two-year operation and smashed a cryptocurrency investment fraud gang that used artificial intelligence to defraud 208 people and defrauded a total of more than 19 million euros (21.5 million U.S. dollars). Authorities said that the suspects used realistic celebrity videos produced by artificial intelligence technology to promise huge returns through crypto investments. , luring potential investors to invest. The suspects have been accused of fraud, money laundering and false documents, and the investigation is still ongoing.
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