Fraudulent Crypto Exchange Using Generative AI to Show Affiliation With Elon Musk Gets Shut Down in Hong Kong

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Earlier today, the Hong Kong Securities and Futures Commission (SFC) took decisive action against Quantum AI, an unlicensed cryptocurrency exchange that falsely claimed affiliation with Tesla CEO and Dogecoin ($DOGE) advocate Elon Musk. The fraudulent entity, based in Hong Kong, purported to offer AI-powered crypto trading services developed by Musk himself. According to a report […]

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AI, Elon Musk, Exchanges