The U.S. Commodity Futures Trading Commission (CFTC) released a statement on Friday, Jan. 25, to warn the community about scammers who are taking advantage of the interest in artificial intelligence (AI) to trick people interested in earning bitcoin through trading.



In the post titled, "AI Won't Turn Trading Bots into Money Machines," the CFTC explains that promises of win rates by those offering these services can be as high as 100%.

While it sounds too good to be true, many people have already fallen for these scams related to artificial intelligence algorithms that can perform trading operations in an automated way, as well as send buy and sell signals for certain assets.

In some of the cases filed by the CFTC, the promoters of these products offered investment programs, commodity groups or commodities and digital assets, in which revenues were "constant" and "above average."
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