Chinese police to crack down on crypto and deepfake AI
The move comes as several prominent Chinese blockchain executives have been arrested this year. After a surge in personal identity thefts and digital financial crimes, Chinese police are more closely scrutinizing the Web3 sector. During a press conference hosted by China’s Ministry of Public Security on Aug. 10, Jinfeng Sun, political commissar of the Network Security Bureau, said there had been a spree of incidents involving the use of Trojan viruses, phishing sites, infiltration tools and cyberstalkers in fraud and data theft. Specifically, Sun said: “[We have been] monitoring [the use of] Chat GPT, cloud computing, blockchain, deepfake AI and other new emerging technologies, new applications, new organizations [in these incidents]. We [the Ministry] will strike hard at such methods as we research their use. Sun disclosed that there had been 79 cases of fraud involving deepfake AI, such as impersonation via digital face-swap, leading to the arrest of 515 individuals. On July 18, S...