New Delhi: Narayana Murthy, the co-founder of Infosys, has sounded an alarm regarding a deepfake video circulating on social media that falsely claims his endorsement of automated trading applications, promising substantial earnings. Taking to X (formerly Twitter), Murthy expressed his concern and advised users to be vigilant, cautioning them against falling prey to deceptive content. He vehemently denied any involvement with trading applications like BTC AI Evex, British Bitcoin Profit, Bit Lyte Sync, Immediate Momentum, Capitalix Ventures, and others.

In a statement, Murthy addressed the proliferation of fake news on social media platforms and various deceptive websites that utilize deepfake technology. He clarified that fraudulent websites, often posing as reputable news sources, publish misleading content, including fake interviews featuring deepfake pictures and videos, falsely associating him with automated trading platforms.

“I categorically deny any endorsement, relation, or association with these applications or websites. I caution the public not to fall prey to the content of these malicious sites and to the products or services they are trying to sell to you. Please report any such instances to the concerned regulatory authorities,” Murthy emphasized.

This incident follows recent alerts from other influential figures, including veteran industrialist Ratan Tata and Zerodha Co-founder and CEO Nithin Kamath, who have also raised concerns about the misuse of their names in fake schemes and the growing threat posed by deepfake technology.

The misuse of prominent personalities’ identities, such as Mukesh Ambani, Ratan Tata, Shah Rukh Khan, Virat Kohli, and Akshay Kumar, through manipulated videos and voice impersonations to promote fraudulent money-making schemes has become a recurring issue. In response to the rising incidents, the Indian government has expressed its commitment to taking strict action to curb the misuse of artificial intelligence, particularly through deepfakes, by cracking down on such deceptive practices.

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