Scammers Exploit DeepSeek Brand

🔴Chinese authorities have uncovered a scheme where fraudsters raised funds for a fake blockchain project, DeepSeek. After securing investments, the perpetrators disappeared while also distributing a counterfeit cryptocurrency, DeepSeekCoin, through fake channels.

🔴Additionally, a virus disguised as the DeepSeek mobile app was discovered. It stole passwords and banking data while being difficult to remove.

🔴Experts urge users to download DeepSeek only from official sources, verify website addresses, and avoid promises of quick profits.