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Hard Numbers: Deepfakes and pig butchering, Murati starts fundraising, Checking students’ work, The nuclear option, Perplexity’s money moves

46 million: Hong Kong police say that romance scammers used deepfake video and audio technology to steal $46 million. Twenty-seven people were arrested and charged with crimes related to what is called “pig butchering,” scams so named because fraudsters “fatten up” their targets before going in for the kill. The perpetrators allegedly contacted potential victims with simple text messages and started fake romances with them that gradually got more sophisticated with deepfakes used on phone and video calls. Once in their grasp, the scammers coerced their victims to “invest” money on fake cryptocurrency sites and made off with the cash.
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