Janet Yellen cryptocurrency video is a deepfake

Janet Yellen US Secretary of the Treasury maintained for a long time Government and regulatory oversight of non-bank crypto markets needs to be strengthened. During FebruaryIn his opening statement to the Senate Banking, Housing, and Urban Affairs Committee, he said nonbank financial institutions, including cryptocurrencies, “pose a potential risk to the financial system.”

However, recent Posted video clip Social media posts appear to show her saying the government intends to “expand” cryptocurrencies instead of regulating them. Cryptocurrency market capitalization.

“Lawyers thoroughly discussed the regulation and laws of cryptocurrencies and came to the conclusion that instead of regulating them, we would increase the market capitalization of cryptocurrencies to 1 billion, 300 million, trillion or more,” she said in the video. It is said that it was stated in

1 X user posted the following video caption“Janet Yellen on this crypto cycle…it’s amazing.”

“Breaking News: U.S. Treasury Secretary Janet Yellen’s stance on cryptocurrencies is noteworthy.” Another caption said:. This X caption reads:“Breaking News: U.S. Treasury Secretary Janet Yellen Announces Important Update on Cryptocurrency.”

Is the video of Janet Yellen talking about cryptocurrencies real?

No, the video of Janet Yellen talking about cryptocurrencies is not real. This is a deepfake and clearly a satire.

Deepfake videos like this clip of Yellen are created using artificial intelligence programs that can be used to replace or synthesize faces, voices, and emotional expressions.

The viral video was created using existing video of Yellen’s remarks at a press conference following a bilateral meeting with Vice Premier He Lifeng of the People’s Republic of China on November 10, 2023. The press conference was held in San Francisco, California.

VERIFY used InVid, a video forensics tool, to analyze the keyframes of the viral video and perform a reverse image search of the frames. This way I was able to find the original video posted on. CNBC’s YouTube channel November 10, 2023.

The podium and background are the same in both the original and viral deepfake videos. Yellen wears the same outfit, has the same hairstyle, and the CNBC logo can be seen in both clips.

The obvious sign that a viral video is fake is the audio. The audio heard in the video does not match Yellen’s lip movements, and her expletive-laced remarks at the end of the video make it clear that the video is fake and intended as satire. It is shown in

C-SPAN, which televises federal government minutes and other public affairs content, will also cover Yellen’s remarks from November 2023 onwards. I posted a video on the C-SPAN website.

According to a transcript of the press conference published by C-SPAN and the newspaper, US Treasury, Yellen and Lifeng met for two days in November to discuss economic relations between the United States and China. At no point in her remarks did Yellen use any name-calling, mention cryptocurrencies or discuss regulation of the Bitcoin market.