The AI Fraud Deterrence Act is a bipartisan bill introduced by Representatives Ted Lieu and Neal Dunn to combat AI-driven scams, including deepfakes impersonating federal officials. It modernizes U.S. fraud laws by doubling penalties to $2 million and up to 20 years in prison, incorporating AI into definitions of mail and wire fraud. Expands penalties […] Source: https://en.coinotag.com/bipartisan-ai-fraud-deterrence-act-aims-to-strengthen-penalties-for-deepfake-scams