FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers. Go to Source
Federal Trade Commission
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CFTC partners up to warn on crypto pig butchering scams
Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam. Go to Source
Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner
CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO Stephen Ehrlich. Go to Source
‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws
The group believes GPT-4 violates Section 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce.” Go to Source Powered by WPeMatico
US consumer watchdog probes crypto firms over deceptive ads
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets. Go to Source Powered by WPeMatico
Social media blamed for $1B in crypto scam losses in 2021
Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media. Go to Source Powered by WPeMatico
Wendy McElroy: Other Than the Black Market, a Last Stand for Economic Freedom
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 5 Crypto: Other Than The Black Market, A Last Stand For Economic Freedom? Money…is the economic area most encrusted and entangled with centuries of government meddling. Many people, many economists, usually devoted to the free market stop short at … Read more
