CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-01-27 05:17:00

U.S. CFTC Uncovers AI-Related Fraud Schemes Resulting in $1.7 Billion Bitcoin Loss

The post U.S. CFTC Uncovers AI-Related Fraud Schemes Resulting in $1.7 Billion Bitcoin Loss appeared first on Coinpedia Fintech News The U.S. Commodity Futures Trading Commission (CFTC) has recently released a customer advisory cautioning the public about crypto scams involving Artificial Intelligence. The advisory focuses on fraudsters’ deceptive use of AI technology to lure investors into false claims, leading to financial losses. AI Scams on the Rise In its press release titled “Customer Advisory: AI …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.