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Sandeep Nailwal, co-founder of Polygon, warned about deepfake scams using his image to deceive crypto founders. Scammers compromised a Telegram account to set up fake Zoom meetings with manipulated videos. This incident highlights the growing threat of deepfake fraud in the crypto industry, with losses exceeding $200 million in Q1 2025. Nailwal advised caution and operational hygiene to protect against such scams.
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