March 18, 2026

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Prominent African businessman and philanthropist, Tony Elumelu, has warned the public about the growing risks of artificial intelligence misuse after an AI-generated video falsely portrayed him endorsing a forex and cryptocurrency trading platform.

Elumelu disclosed this in a post on his X handle on Monday, saying the video, which appeared realistic, was completely fabricated.

“A few days ago, my team flagged an AI-generated video of me endorsing a forex and crypto platform.

“It looked and sounded remarkably real, but it was completely fake. This incident highlights a growing and serious threat to digital trust,” he wrote.

He stressed that he has no affiliation with any cryptocurrency or foreign exchange trading platforms.

“For the avoidance of doubt, I am not associated with any crypto or forex trading platforms.

“My commitment to inclusive prosperity has always been through long-term investments, building sustainable businesses, and empowering entrepreneurs,” he said.

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