The post CAR Memecoin Faces Deepfake Claims, Domain Suspended appeared on BitcoinEthereumNews.com.

$CAR memecoin aims to boost national development but faces deepfake video claims.   AI tools flagged the president’s video as suspicious, raising doubts about legitimacy.   CAR’s memecoin domain was registered shortly before launch, leading to further scrutiny. The Central African Republic (CAR) unveiled a new memecoin, $CAR, to boost national development and spotlight the country on the global stage. In an official announcement, President Faustion-Archange Touadera presented the project, acknowledging its risky nature and its capacity to unite people. Today, we are launching $CAR – an experiment designed to show how something as simple as a meme can unite people, support national development, and put the Central African Republic on the world stage in a unique way. Contract: 7oBYdEhV4GkXC19ZfgAvXpJWp2Rn9pm1Bx2cVNxFpump — Faustin-Archange Touadéra (@FA_Touadera) February 9, 2025 Touadera, who became the second president worldwide to adopt Bitcoin as legal tender, has consistently supported cryptocurrency’s potential gains. In his statement, he reiterated his belief in crypto as a tool for global progress. The $CAR token, which kicked off on the Solana-based memecoin launchpad Pump.fun on February 9, saw a value jump, hitting a peak market cap of $527 million. However, the project intends to use the memecoin to support national development projects, with the country’s leadership hoping to achieve international recognition. Related: Solana’s AI Memecoins Are Thriving, but Is the Hype Here to Stay? Deepfake Doubts Cloud Project Launch Yet, the realness of President Touadera’s video has come under question. Several AI deepfake detection models indicated the video as potentially faked.  One model, Deepware, indicated an 82% probability that the video was a deepfake. While two other detection tools, Avatrify and Deepware’s own checker, did not identify any issues, critics have voiced concerns about the video’s truthfulness. Adding to suspicion was the fact that the $CAR memecoin project domain, car.meme, had been registered…

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Filed under: News - @ February 10, 2025 7:20 am