• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Sunday, December 21, 2025
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

US Senators Urge FTC to Address AI-Enabled Scams Targeting Older Americans

December 7, 2023
in Blockchain
Reading Time: 2 mins read
A A
US Senators Urge FTC to Address AI-Enabled Scams Targeting Older Americans
ShareShareShareShareShare

Recently, four US Senators – Bob Casey (D-PA), Richard Blumenthal (D-CT), John Fetterman (D-PA), and Kirsten Gillibrand (D-NY) – expressed deep concern about the use of artificial intelligence (AI) in scams targeting older Americans. They addressed a letter to Federal Trade Commission (FTC) Chair Lina Khan, requesting detailed information on the FTC’s efforts to track and combat these AI-enabled frauds and scams​​​​.

FTC’s Efforts and Inquiry

Related articles

Pepe Price Plunges As This Rival Raises Over $3.5M In Presale

Pepe Price Plunges As This Rival Raises Over $3.5M In Presale

December 10, 2024
Riot Platforms (RIOT) Launches $525 Million Convertible Notes Offering

Riot Platforms (RIOT) Launches $525 Million Convertible Notes Offering

December 10, 2024

The Senators highlighted the increasing role AI plays in frauds and scams, particularly its realistic nature which often leaves victims unaware of being targeted by AI. They emphasized the urgency of understanding the extent of this threat to counter it effectively. The inquiry requests the FTC to share how it is gathering data on AI use in scams, ensuring accurate reflection in its Consumer Sentinel Network database. The Sentinel database serves as a repository for consumer complaints, including those about scams, and is accessible to law enforcement agencies​​​​.

Specific Concerns and Questions

The Senators’ letter raises specific concerns about AI’s role in exacerbating traditional scams, such as family emergency scams, romance scams, business-related scams, and phishing, where AI tools like chatbots, voice cloning, and deepfakes are used. They asked the FTC to detail how AI-powered frauds are identified and reported within Sentinel, the types of scams prevalent, and the use of AI by the FTC itself for data analysis. They also requested that the FTC identify generative AI scams that might go unnoticed by victims​​.

This letter comes in the wake of a broader crackdown by federal agencies on harmful uses of AI. The FTC, along with other agencies like the US Equal Employment Opportunity Commission, Department of Justice, and Consumer Financial Protection Bureau, has issued a joint pledge against harmful AI uses. The Senators are seeking more information on the FTC’s understanding of recent AI scam developments, the prevalence of such scams, steps being taken to protect older Americans, and whether the FTC will update its educational materials to reflect these rising risks​​.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Ripple’s XRP Prepares for a Potential 500% Price Surge to $3 Following a Turning Point in SEC Case

Next Post

Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC’s Conduct

Related Posts

Pepe Price Plunges As This Rival Raises Over $3.5M In Presale

Pepe Price Plunges As This Rival Raises Over $3.5M In Presale

December 10, 2024

Join Our Telegram channel to stay up to date on breaking news coverage The Pepe price plunged over 12% in...

Riot Platforms (RIOT) Launches $525 Million Convertible Notes Offering

Riot Platforms (RIOT) Launches $525 Million Convertible Notes Offering

December 10, 2024

Darius Baruo Dec 10, 2024 06:18 Riot Platforms announces a $525 million offering of 0.75% convertible...

Bitfarms to Restate Financials Following SEC Review of Digital Asset Proceeds

Bitfarms to Restate Financials Following SEC Review of Digital Asset Proceeds

December 10, 2024

Peter Zhang Dec 10, 2024 06:02 Bitfarms Ltd. will restate its financial statements for 2022 and...

Top Cryptocurrencies to Buy Now December 9 – Stellar, Litecoin, Cardano

Top Cryptocurrencies to Buy Now December 9 – Stellar, Litecoin, Cardano

December 9, 2024

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market has experienced notable activity,...

NexBridge Raises $30 Million with Tokenized US Treasury Offering

NexBridge Raises $30 Million with Tokenized US Treasury Offering

December 9, 2024

Joerg Hiller Dec 09, 2024 17:09 NexBridge, a digital asset issuer in El Salvador, successfully raises...

Load More
Next Post
Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC’s Conduct

Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct

No Content Available
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview
  • Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
  • BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
  • How High Will Dogecoin Rise If the Markets ‘Go Wild’?

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

Please enter CoinGecko Free Api Key to get this plugin works.
WP Twitter Auto Publish Powered By : XYZScripts.com