The US Commodity Futures Trading Commission (CFTC) has warned against scammers claiming to offer high cryptocurrency returns through artificial intelligence.
In the statement published on Thursday, January 25, CFTC stated that by making cryptocurrency transactions with artificial intelligence tools, Warning against scammers promising high profits found.
It has a high success rate thanks to artificial intelligence algorithms trading bots and cryptocurrency arbitrage algorithms Scammers who collect investors’ money through products such as increased recently while stating all These claims are empty It was emphasized that.
They defrauded 30 thousand Bitcoins
Stating that it has already detected several different fraudulent schemes referencing artificial intelligence, the regulatory body said that only one of such fake projects will soon attract investors. $1.7 billion worth 30,000 Bitcoins He noted that it caused losses.
In the details of the presented notification, all investors were advised to be cautious against such fraud cases:
With the increasing use of artificial intelligence in daily life, scammers claim that they can achieve huge returns using bots, trading signal algorithms, crypto asset arbitrage algorithms and other artificial intelligence-supported technologies. The vast majority of promises made on this issue are empty. Don’t believe scammers. AI technology cannot predict the future or sudden market changes.