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Deep & Emerging Tech·November 12, 2026·1 min read

The FBI says North Korean hackers stole $400M+ in crypto in the last 18 months using "FaceStealer", a scheme involving fake video calls and AI deepfakes

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State-backed actors using AI deepfake video calls to steal $400M+ in crypto turns identity verification into an AI problem, not a UX tweak. Any workflow that relies on ‘seeing a face on a call’ for high-value authorization now needs hardened, multi-factor verification and deepfake-aware controls.