Video of Elon Musk promoting $20 million crypto giveaway is fake

A video circulating online showing Elon Musk promoting a $20 million crypto giveaway is a deepfake. It showed Musk saying, "Here's a surprise for everyone. I'll be doing a $20 million crypto giveaway at Elon4u.com for one week starting December 13." "It's just a few quick steps that shouldn't take longer than three minutes," Musk said in the fake video.