GK8 by Galaxy The Emerging Threat of Real-Time Deepfakes in Crypto Cybercrime
October 9, 2025
“Believe your own eyes,” the old saying goes. But maybe not if you work in cryptocurrency. Last year, U.S. citizens alone lost an estimated $9.3 billion to cryptocurrency-related scams and filed nearly 150,000 complaints, according to the FBI. A growing share of these schemes involves malicious use of artificial intelligence, especially deepfake technology. Among AI-driven security threats, real-time deepfakes stand out for their sophistication and difficulty of detection.
September 11, 2025
Last week, a GK8 executive was targeted in a highly sophisticated social engineering attack. Impersonating an acquaintance of the exec on Telegram, the attackers lured him onto a fake Zoom call that looked like the real thing.
September 3, 2025
In June 2025, researchers at GK8 identified an emerging cybercrime threat on a highly restricted underground forum, where a well-established, highly active threat actor was observed recruiting experienced voice-based social engineering operatives to conduct targeted attacks against senior executives at leading U.S.-based cryptocurrency firms.