$CAR has quickly hit a staggering $530 million market cap. However, the announcement has raised eyebrows.
With skeptics and AI tools questioning the authenticity of the president’s video unveiling the $CAR token.
$Car Token Launch Flagged Over Deepfake Concerns and Suspicious Website
On Feb. 9th, CAR President Faustion-Archange Touadera’s X account shared a video announcing $CAR as an “experiment” to aid national development and boost the country’s global presence. The token’s website features a statement from the president and a breakdown of its tokenomics. Yet, trouble started brewing when two AI deepfake detectors flagged the video as suspicious.
One tool, Deepware, indicated an 82% likelihood that the video was a deepfake, while another flagged it as questionable. Other models, like Avatrify, didn’t detect anything unusual, leaving the community divided. Some believe the project is genuine, while others suspect foul play, potentially a hack of the president’s X account.
🚨 ALERT: Scammer modifying popular token information like $CAR and embedding fake Kick platform site through Linktree links.
They’re using fake Cloudflare captcha verification pages to trick users into executing malicious code. https://t.co/kLSonrA8fF pic.twitter.com/VC0NKQgLiL
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) February 10, 2025
Critics also pointed out inconsistencies. For example, the domain for the token’s website registered just three days before the announcement, was deemed suspicious. Yokai Ryujin, founder of Unrevealed XYZ, highlighted that the registration process looked amateurish and unfit for a government initiative. Namecheap, the domain provider, has since suspended the service, but the website remains live.
$CAR Token Launch Raises Doubts Over Timing and Language
Plus, the tweet was only in English, while the country’s official language is French.” Compounding the confusion, the official X account for the memecoin, @Carmeme_news, has been suspended. President Touadera stated he was working with X to restore the page.
This is the original $CAR launched on https://t.co/4Wl3N0Im23 and was a test run! It is criminal it’s sub 10 mil mc
CA: BYAfvgUsgrrVKsDQyUTyXcnJggyGpxqeas2mSzxPpump pic.twitter.com/5jEY1qhjwe
— Konstantine (@konstantine_sol) February 10, 2025
This controversy comes amid a string of similar hacks in recent weeks, with scammers targeting high-profile X accounts, including those of a former Malaysian prime minister and Solana DEX aggregator Jupiter, to promote memecoin scams.
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