Researchers tap AI in the fight against ICO scams

There’s no definitive way to tell if an initial coin offering (ICO) is a scam, but a machine learning-based research method could make it easier to avoid the most obvious ones. And that’s good for everyone except the scammers. A Chinese startup called Shannon.AI, working with researchers from Stanford, University of California Santa Barbara, and the University of Michigan, recently unveiled a white paper detailing an AI designed to sniff out cryptocurrency scams. When it comes to cryptocurrency investing there’s only one sure-fire way to avoid getting scammed: don’t do it. Sure, the Bitcoin bros and millennial millionaires make it…

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