INVESTMENT FRAUD
Investment Fraud
AI's False Promises: CFTC Warns of Soaring Crypto Scams
The U.S. Commodity Futures Trading Commission (CFTC) alerts the public about the surge in AI-driven crypto scams, emphasizing the technology's inability to predict market trends and the dangers of misleading claims about high returns.
Investment Fraud
US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe
The US Department of Justice has seized $24 million in cryptocurrencies following investigations linked to online investment fraud.