How to Supercharge your Digital Marketing with Desire Paths
How to Supercharge your Digital Marketing with Desire Paths
12 Steps to Create Videos

Janet Yellen cryptocurrency video is a deepfake

Categories
Public Relations

The fake video of Yellen discussing deregulation has fooled some into believing that she’s reversed course on cryptocurrency concerns.

U.S. Secretary of the Treasury Janet Yellen has long maintained there should be more government and regulatory oversight of nonbank cryptocurrency markets. In February, in an opening statement before the Senate Committee on Banking, Housing, and Urban Affairs, she said nonbank financial institutions, including cryptocurrencies, “pose potential risks to the financial system.”

But a recent video clip posted to social media appears to show her saying that instead of regulating cryptocurrencies, the government is going to “pump” up cryptocurrency market caps.

“Counsel has discussed crypto regulations and legislation at length, and we have come to the conclusion that instead of regulating … we are going to pump it to over a billion, 300 million, trillion market cap,” she purportedly says in the video.

One X user posted the video with the caption, “Janet Yellen on this crypto cycle… wow.” 

“BREAKING: …

How Much Traffic do you Really Need?
How Much Traffic do you Really Need?
5 Steps to Creating Successful Ads