CFTC issues warning on AI-powered crypto scams

The Commodity Futures Trading Commission (CFTC) has issued a consumer alert cautioning individuals about the proliferation of artificial intelligence-fueled scams, particularly those promising significant returns through the use of cryptocurrency arbitrage algorithms. The agency has highlighted the dangers posed by scammers who make bold claims about AI’s capabilities to generate substantial... source: https://www.cryptopolitan.com/cftc-issues-warning-ai-powered-crypto-scams/