#FactCheck - "Deepfake Video Falsely Claims of Elon Musk conducting give away for Cryptocurrency”
Executive Summary:
A viral online video claims Billionaire and Founder of Tesla & SpaceX Elon Musk of promoting Cryptocurrency. The CyberPeace Research Team has confirmed that the video is a deepfake, created using AI technology to manipulate Elon’s facial expressions and voice through the use of relevant, reputed and well verified AI tools and applications to arrive at the above conclusion for the same. The original footage had no connections to any cryptocurrency, BTC or ETH apportion to the ardent followers of crypto-trading. The claim that Mr. Musk endorses the same and is therefore concluded to be false and misleading.

Claims:
A viral video falsely claims that Billionaire and founder of Tesla Elon Musk is endorsing a Crypto giveaway project for the crypto enthusiasts which are also his followers by consigning a portion of his valuable Bitcoin and Ethereum stock.


Fact Check:
Upon receiving the viral posts, we conducted a Google Lens search on the keyframes of the video. The search led us to various legitimate sources featuring Mr. Elon Musk but none of them included any promotion of any cryptocurrency giveaway. The viral video exhibited signs of digital manipulation, prompting a deeper investigation.
We used AI detection tools, such as TrueMedia.org, to analyze the video. The analysis confirmed with 99.0% confidence that the video was a deepfake. The tools identified "substantial evidence of manipulation," particularly in the facial movements and voice, which were found to be artificially generated.



Additionally, an extensive review of official statements and interviews with Mr. Musk revealed no mention of any such giveaway. No credible reports were found linking Elon Musk to this promotion, further confirming the video’s inauthenticity.
Conclusion:
The viral video claiming that Elon Musk promotes a crypto giveaway is a deep fake. The research using various tools such as Google Lens, AI detection tool confirms that the video is manipulated using AI technology. Additionally, there is no information in any official sources. Thus, the CyberPeace Research Team confirms that the video was manipulated using AI technology, making the claim false and misleading.
- Claim: Elon Musk conducting giving away Cryptocurrency viral on social media.
- Claimed on: X(Formerly Twitter)
- Fact Check: False & Misleading
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At Semicon India 2025 held recently, the Prime Minister declared, “when the chips are down, you can bet on India”. The event showcased the country’s first indigenous microprocessor, Vikram, developed by ISRO’s Semiconductor Lab, and announced that commercial chip production will begin by the end of 2025. India aims to become a global player in semiconductor production, and build self-reliance in a world where global supply chains are shifting rapidly.
Why Semiconductors Matter
Semiconductors power almost everything around us, from laptops and air conditioners to cars and even the tiniest gadget we hardly notice . They’ve rightly been called the “oil of the digital age” because our entire digital world depends on them. But the global supply chain for chips is heavily concentrated. Taiwan alone makes over 60% of the world’s semiconductors and nearly 90% of the most advanced ones. Rising tensions between China and Taiwan have only shown how fragile and risky this dependence can be for the rest of the world. For India, building its own semiconductor base is not just about technology, it is about economic security and reduced dependence on imports.
India’s Push: The Numbers and Projects
The government has committed nearly US$18 billion across 10 projects, making it one of the country’s largest industrial bets in decades. Under the Production Linked Incentive (PLI) scheme, ₹76,000 crore (about US$9.1 billion) was set aside, of which most has already been allocated.
Key developments include:
- Vikram processor – developed at ISRO’s Semiconductor Lab, fabricated on 180nm technology.
- CG Power facility in Sanand, Gujarat – launched in 2024, scaling chip assembly and testing.
- Micron’s investment – ₹22,500+ crore in Gujarat for packaging and testing.
- Tata Electronics–PSMC partnership – ₹91,000 crore tie-up with Taiwan’s Powerchip for fabs.
The domestic market, valued at US$38 billion in 2023, is expected to touch US$100–110 billion by 2030 if growth sustains.
The Technology Gap
While the Vikram chip, a 32 bit microprocessor, is a proud milestone, it highlights the technology gap India faces. The chip was fabricated using a 180nm CMOS process, a process that was cutting-edge back in the early 2000s. Today, companies like TSMC and Samsung are already producing 3nm chips for smartphones and AI servers, whereas those like Nvidia and Apple have developed chips 2ith 64-bit processing capabilities.
This means India's main focus, to become self-reliant in the mature end of the spectrum useful for space, defense, and automotives and electronics, is far from the global cutting edge. Bridging this gap will require both time and deep technical expertise.
Talent and Design Strengths
On the positive side, India already contributes around 20% of global semiconductor design talent. Two advanced design centers—one in Noida and another in Bengaluru—are working on 3nm designs. The government’s Design Linked Incentive scheme has cleared 20+ projects to nurture startups in chip design.
Over 60,000 engineers have been trained under various programs, but scaling this to the hundreds of thousands needed for fabs remains a challenge. Unlike software development, semiconductor fabrication demands highly specialised skills in process engineering, yield optimization, and supply chain logistics.
Lessons from Global Players
Countries like Taiwan, South Korea, and the US didn’t build their chip industries overnight. Taiwan’s TSMC spent decades and billions of dollars mastering yield rates and building trust with clients. The US recently passed the CHIPS and Science Act to revive domestic production, while the EU has its own Chips Act. Japan, too, has pledged billions, including ¥10 trillion in cooperation with India.
These examples show that success depends not just on funding , but also on harmony between government and private players, consistent execution, ecosystem building, and global partnerships.
The Challenges Ahead
India’s ambitions face several hurdles:
- Capital intensity – A single leading-edge fab costs US$10–20 billion, and requires constant upgrades.
- Supply chain complexity – Hundreds of chemicals, gases, and precision tools are needed, many of which India doesn’t yet produce domestically.
- Technology transfer – Advanced lithography machines (from ASML in the Netherlands, for example) are tightly controlled and not easily available.
- Execution risks – Moving from announcements to commercially viable fabs with competitive yields is where many countries have stumbled.
The Way Forward
India has big ambitions in the field of semi-conductor design and manufacturing, with the goal of becoming a major global exporter instead of importer. The country appears to be adopting a step-by-step approach, starting with assembly, testing, and mature-node fabs, while simultaneously investing in design, research, and talent. Every successful global power in this industry first mastered older nodes before advancing to cutting-edge levels.
At the same time, international collaborations with players like Micron, Tata-PSMC, and Japan will be critical for technology transfer and capacity building. If India can combine its engineering talent, rising domestic demand, and government backing with the PLI scheme, and drive global collaborations, the outlook can be promising.
Conclusion
India’s semiconductor story is just beginning, but the direction is clear. The Vikram processor and investment announcement at Semicon 2025 shows the intent of the government. The hard part now lies ahead: moving from prototypes to large-scale production and globally competitive fabs in an industry that demands substantial investment, flawless execution, and years of patience.
Yet the stakes couldn’t be higher. Semiconductors will shape the future of economies and national security . If India plays its cards right by nurturing talent, innovating and researching, and driving global partnerships, the dream of becoming a global semiconductor hub may well move from ambition to reality.
References
- https://www.ndtv.com/india-news/when-chips-are-down-bet-on-india-pm-narendra-modis-big-semiconductor-push-6539317
- https://www.indiatoday.in/science/story/what-is-vikram-32-bit-chip-presented-to-pm-modi-at-semicon-india-2025-2780582-2025-09-02#
- https://www.visionofhumanity.org/the-worlds-dependency-on-taiwans-semiconductor-industry-is-increasing/
- https://m.economictimes.com/tech/artificial-intelligence/tata-electronics-and-powerchip-semiconductor-manufacturing-corporation-to-build-indias-first-semiconductor-fab/articleshow/113694273.cms
- https://www.business-standard.com/economy/news/10-trillion-yen-in-10-years-japan-pledges-big-investment-in-india-125082901564_1.html
- https://www.oecd.org/content/dam/oecd/en/publications/reports/2023/06/vulnerabilities-in-the-semiconductor-supply-chain_f4de7491/6bed616f-en.pdf
- https://techwireasia.com/2025/09/semiconductor-india-commercial-production-2025/

Introduction
In the era of digitalisation, social media has become an essential part of our lives, with people spending a lot of time updating every moment of their lives on these platforms. Social media networks such as WhatsApp, Facebook, and YouTube have emerged as significant sources of Information. However, the proliferation of misinformation is alarming since misinformation can have grave consequences for individuals, organisations, and society as a whole. Misinformation can spread rapidly via social media, leaving a higher impact on larger audiences. Bad actors can exploit algorithms for their benefit or some other agenda, using tactics such as clickbait headlines, emotionally charged language, and manipulated algorithms to increase false information.
Impact
The impact of misinformation on our lives is devastating, affecting individuals, communities, and society as a whole. False or misleading health information can have serious consequences, such as believing in unproven remedies or misinformation about some vaccines can cause serious illness, disability, or even death. Any misinformation related to any financial scheme or investment can lead to false or poor financial decisions that could lead to bankruptcy and loss of long-term savings.
In a democratic nation, misinformation plays a vital role in forming a political opinion, and the misinformation spread on social media during elections can affect voter behaviour, damage trust, and may cause political instability.
Mitigating strategies
The best way to minimise or stop the spreading of misinformation requires a multi-faceted approach. These strategies include promoting media literacy with critical thinking, verifying information before sharing, holding social media platforms accountable, regulating misinformation, supporting critical research, and fostering healthy means of communication to build a resilient society.
To put an end to the cycle of misinformation and move towards a better future, we must create plans to combat the spread of false information. This will require coordinated actions from individuals, communities, tech companies, and institutions to promote a culture of information accuracy and responsible behaviour.
The widespread spread of false information on social media platforms presents serious problems for people, groups, and society as a whole. It becomes clear that battling false information necessitates a thorough and multifaceted strategy as we go deeper into comprehending the nuances of this problem.
Encouraging consumers to develop media literacy and critical thinking abilities is essential to preventing the spread of false information. Being educated is essential for equipping people to distinguish between reliable sources and false information. Giving individuals the skills to assess information critically will enable them to choose the content they share and consume with knowledge. Public awareness campaigns should be used to promote and include initiatives that aim to improve media literacy in school curriculum.
Ways to Stop Misinformation
As we have seen, misinformation can cause serious implications; the best way to minimise or stop the spreading of misinformation requires a multifaceted approach; here are some strategies to combat misinformation.
- Promote Media Literacy with Critical Thinking: Educate individuals about how to critically evaluate information, fact check, and recognise common tactics used to spread misinformation, the users must use their critical thinking before forming any opinion or perspective and sharing the content.
- Verify Information: we must encourage people to verify the information before sharing, especially if it seems sensational or controversial, and encourage the consumption of news or any information from a reputable source of news that follows ethical journalistic standards.
- Accountability: Advocate for social media networks' openness and responsibility in the fight against misinformation. Encourage platforms to put in place procedures to detect and delete fraudulent content while boosting credible sources.
- Regulate Misinformation: Looking at the current situation, it is important to advocate for policies and regulations that address the spread of misinformation while safeguarding freedom of expression. Transparency in online communication by identifying the source of information and disclosing any conflict of interest.
- Support Critical Research: Invest in research and study on the sources, impacts, and remedies to misinformation. Support collaborative initiatives by social scientists, psychologists, journalists, and technology to create evidence-based techniques for countering misinformation.
Conclusion
To prevent the cycle of misinformation and move towards responsible use of the Internet, we must create strategies to combat the spread of false information. This will require coordinated actions from individuals, communities, tech companies, and institutions to promote a culture of information accuracy and responsible behaviour.
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Introduction
Conversations surrounding the scourge of misinformation online typically focus on the risks to social order, political stability, economic safety and personal security. An oft-overlooked aspect of this phenomenon is the fact that it also takes a very real emotional and mental toll on people. Even as we grapple with the big picture questions about financial fraud or political rumors or inaccurate medical information online, we must also appreciate the fact that being exposed to misinformation and becoming aware of one’s own vulnerability are both significant sources of mental stress in today’s digital ecosystem.
Inaccurate information causes confusion and worry, which has negative consequences for mental health. Misinformation may also impair people's sense of well-being by undermining their trust in institutions, authority figures, and their own judgment. The constant bombardment of misinformation can lead to information overload, wherein people are unable to discriminate between legitimate sources and misleading content, resulting in mental exhaustion and a sense of being overwhelmed by the sheer volume of information available. Vulnerable groups such as children, the elderly, and those with pre-existing health conditions are more sensitive or susceptible to the negative effects of misinformation.
How Does Misinformation Endanger Mental Health?
Misinformation on social media platforms is a matter of public health because it has the potential to confuse people, lead to poor decision-making and result in cognitive dissonance, anxiety and unwanted behavioural changes.
Unconstrained misinformation can also lead to social disorder and the prevalence of negative emotions amongst larger numbers, ultimately causing a huge impact on society. Therefore, understanding the spread and diffusion characteristics of misinformation on Internet platforms is crucial.
The spread of misinformation can elicit different emotions of the public, and the emotions also change with the spread of misinformation. Factors such as user engagement, number of comments, and time of discussion all have an impact on the change of emotions in misinformation. Active users tend to make more comments, engage longer in discussions, and display more dominant negative emotions when triggered by misinformation. Understanding the evolution pattern of emotions triggered by misinformation is also important in view of the public’s emotional fluctuations under the influence of misinformation, and social media often magnifies the impact of emotions and makes emotions spread rapidly in social networks. For example, the sentiment of misinformation increases when there are sensitive topics such as political elections, viral trending topics, health-related information, communal and local information, information about natural disasters and more. Active misinformation on the Internet not only affects the public's psychology, mental health and behavior, but also has an impact on the stability of social order and the maintenance of social security.
Prebunking and Debunking To Build Mental Guards Against Misinformation
As the spread of misinformation and disinformation rises, so do the techniques aimed to tackle their spread. Prebunking or attitudinal inoculation is a technique for training individuals to recogniseand resist deceptive communications before they can take root. Prebunking is a psychological method for mitigating the effects of misinformation, strengthening resilience and creating cognitive defenses against future misinformation. Debunking provides individuals with accurate information to counter false claims and myths, correcting misconceptions and preventing the spread of misinformation. By presenting evidence-based refutations, debunking helps individuals distinguish fact from fiction.
What do health experts say about online misinformation?
“In the21st century, mental health is crucial due to the overwhelming amount of information available online. The COVID-19 pandemic-related misinformation was a prime example of this, with misinformation spreading online, leading to increased anxiety, panic buying, fear of leaving home, and mistrust in health measures. To protect our mental health, it is essential to cultivate a discerning mindset, question sources, and verify information before consumption. Fostering a supportive community that encourages open dialogue and fact-checking can help navigate the digital information landscape with confidence and emotional support. Prioritising self-care routines, mindfulness practices, and seeking professional guidance are also crucial for safeguarding mental health in the digital information era.”
In conversation with CyberPeace ~ Says Dubai-based psychologist, Aishwarya Menon, (BA,in Psychology and Criminology from the University of Westen Ontario, London and MA in Mental Health and Addictions (Humber College, University of Guelph),Toronto.
CyberPeace Policy Recommendations:
1) Countering misinformation is everyone's shared responsibility. To mitigate the negative effects of infodemics online, we must look at developing strong legal policies, creating and promoting awareness campaigns, relying on authenticated content on mass media, and increasing people's digital literacy.
2) Expert organisations actively verifying the information through various strategies including prebunking and debunking efforts are among those best placed to refute misinformation and direct users to evidence-based information sources. It is recommended that countermeasures for users on platforms be increased with evidence-based data or accurate information.
3) The role of social media platforms is crucial in the misinformation crisis, hence it is recommended that social media platforms actively counter the production of misinformation on their platforms. Local, national, and international efforts and additional research are required to implement the robust misinformation counterstrategies.
4) Netizens are advised or encouraged to follow official sources to check the reliability of any news or information. They must recognise the red flags by recognising the signs such as questionable facts, poorly written texts, surprising or upsetting news, fake social media accounts and fake websites designed to look like legitimate ones. Netizens are also encouraged to develop cognitive skills to discern fact and reality. Netizens are advised to approach information with a healthy dose of skepticism and curiosity.
Final Words:
It is crucial to protect mental health by escalating and disturbing the rise of misinformation incidents on various subjects, safeguarding our minds requires cognitive skills, building media literacy and verifying the information from trusted sources, prioritising mental health by self-care practices and staying connected with supportive authenticated networks. Promoting prebunking and debunking initiatives is necessary. Netizen scan protect themselves against the negative effects of misinformation and cultivate a resilient mindset in the digital information age.
References:
- https://www.hindawi.com/journals/scn/2021/7999760/
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8502082/