AI-Powered Fraud | Crypto

U.S. lawmakers have introduced the AI Fraud Deterrence Act in response to a surge in AI-driven fraud, proposing tougher prison terms and fines for bank, wire and mail fraud, money laundering and impersonation as crypto scams and deepfake attacks have expanded nationwide since 2023. The post U.S. Lawmakers Unveil Bipartisan Crackdown on Explosive Growth of AI-Powered Fraud appeared first on Cryptonews.