India, Dec. 16 -- A deepfake video of Elon Musk promising a massive cryptocurrency giveaway has gone viral, sparking confusion and concern. The misleading video falsely promotes a $20 million cryptocurrency giveaway, luring viewers to a website called Elon4u.com.

In the video, Musk appears to announce a surprise crypto giveaway, claiming, "I'll be doing a $20 million crypto giveaway at Elon4u.com for one week starting December 13," urging viewers to act fast and participate. The clip presents Musk as inviting people to take part in the giveaway, reassuring them that the process is quick and easy.

However, the video was soon debunked as a deepfake. A post from DogeDesigner, a well-known figure in the crypto community, quickly circulated ...