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AII-1002-44633
ReportedReported by fewer than three independent publishers, with no official finding.

Deepfake Tim Cook used in cryptocurrency scam on YouTube during iPhone 16 launch

Scammers used AI-generated deepfake videos of Apple CEO Tim Cook on YouTube during the iPhone 16 launch event to promote a fraudulent cryptocurrency scheme promising to double invested funds. The fake videos were hosted on a counterfeit 'Apple US' channel and attracted hundreds of thousands of views before YouTube removed them.

9 September 2024 Β· YouTube Β· Fraud, scams and manipulation
9 September 2024
AII-1002-446332 sources ↓
Quick facts
Category
Fraud, scams and manipulation
Country
United States
Source
Cointelegraph
Date
9 September 2024
Drafted by
Raidu Incident Detection

What happened

On September 9, 2024, during Apple's 'Glowtime' event livestream, multiple deepfake videos of CEO Tim Cook appeared on YouTube promoting a cryptocurrency scam. The scammers created a fake 'Apple US' channel complete with a verification tick, and the deepfake videos urged viewers to send Bitcoin, Ether, Tether, or Dogecoin to a wallet address with the false promise of doubling their investment.

The deepfake showed Cook claiming: 'Once you complete your deposit, the system will automatically process it and send back double the amount of the cryptocurrency you deposited.' Some scam streams garnered hundreds of thousands of views, likely boosted by bot activity to create an appearance of legitimacy.

Reported impact

The fraudulent livestreams coincided with Apple's official event unveiling the iPhone 16 models, damaging Apple's brand reputation during a major product launch. YouTube acknowledged the scam on September 9 and subsequently removed the videos and closed the associated accounts.

Index analysis

The scam targeted consumers during a high-visibility event by impersonating a trusted tech executive and company account. The deepfake technology successfully deceived viewers into believing the fake Cook was promoting a legitimate Apple cryptocurrency offering.

Governance controls

YouTube's support team acknowledged the fraudulent activity and encouraged users to report videos through official reporting channels. The sham videos were removed and associated accounts were closed in response to the incident.

Classification

Category
Fraud, scams and manipulation
Industry
Media, social platforms and marketing
Country
United States
Harm status
Actual harm
Intent
Intentional
Timing
Post-deployment
Harm types
Economic or property, Reputational
Harmed
Consumers, Business
Failure modes
Deepfake video, Manipulation or dark pattern
Consequences
Content removal
AI systems
AI-generated deepfake video

Sources and evidence

This record was researched and written by the Index, based on the following original reporting.

Cointelegraph
Crypto scam livestreams deepfaked Tim Cook amid Apple iPhone 16 launch
10 September 2024
Yahoo! Finance
Crypto Scammers Hijack Apple's iPhone 16 Unveiling with Deepfake of CEO Tim Cook
10 September 2024