CFTC Warns of AI Crypto Trading Scams That Falsely Promise Huge Returns
- U.S. commodities regulator CFTC warns about AI crypto trading scams
- Scammers promote false potential of AI to generate huge returns
- Scams have stolen tens of millions from victims, up to $1.7 billion in one case
- AI can't actually predict sudden market changes
- CFTC advises researching companies and traders before investing