AI Tool Powers $8.8 Billion Worth of Losses in Scams, Report Experts

Earlier today, Bloomberg released a disrupting piece on the advanced technology that scammers are using on customers across the world. The article highlights how the explosion of AI tools threatens economies, including crypto, with a “blossoming of Ponzi schemes.” In June, U.S. Federal Trade Commission Chair Lina Khan issued a report cautioning policymakers to note The post AI Tool Powers $8.8 Billion Worth of Losses in Scams, Report Experts appeared first on Coin Edition .