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California Financial Regulator Warns of New Crypto and AI Scams: $6.5M In Losses Exposed
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California Financial Regulator Warns of New Crypto and AI Scams: $6.5M In Losses Exposed

New methods of fraudulent activity linked to cryptocurrencies and artificial intelligence (AI) have forced California financial regulators to issue quick warnings. Seven crypto and AI-related scams have been recognized by the California Department of Financial Protection and Innovation (DFPI) as new threats demonstrating how criminals leverage technological advancement for fraudulent activities. Scammers use fraudulent Bitcoin […]

· 4 Min