Tag: 1 CFTC 2 Cryptocurrency investments 3 Fraudulent schemes

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CFTC Warns Against Relying on AI Trading Bots for Crypto Gains

CFTC warns against relying on AI trading bots for crypto gains, citing their inability to predict the future. The advisory cautions investors against exaggerated promises and highlights the risks associated with AI-assisted technologies. Fraudsters using social media platforms amplify the challenge. Thoroughly researching companies or traders is advised. Despite concerns, some major crypto exchanges have integrated AI bots on their platforms. (149 characters)

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