News Summary

The AI app Haotian, known for its ultra-realistic face-swapping technology, has been implicated in a surge of global romance and investment scams. The platform allows users to customize facial features and has generated millions in revenue, with significant portions linked to fraudulent activities. Researchers and the cryptocurrency tracing firm Elliptic identified payments to Haotian from wallets associated with scams. The app’s popularity has grown among scammers who use it to deceive victims through video chats. The platform is part of a broader tech ecosystem facilitating cybercrime in Southeast Asia.