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When crypto scammers use fake identities and send press releases

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Such fraudsters have attempted to feign legitimacy with false press releases about venture-capital fundraises and bogus claims about partnerships with industry giants.

More fraudsters are likely using chatbots like ChatGPT to write their website language and the white papers that explain their project.

ST PHOTO: GAVIN FOO

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When Jakob-Moritz Eberl clicked on a link to the website of a crypto company, he was stunned at what he saw: His own face looking back at him. 

His headshot was displayed under the name “Mason Jones” and the title “Senior Blockchain Engineer” as one of six men the site claimed were on the team behind InfinityStakeChain. A near-duplicate website for a platform called FlexyStakes used the same photos above different names, identifying Dr Eberl as “Noel Brennan”.

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