I'm a bit rusty (worked as a chemist 2011-2015 before going into compsci) but I believe that this reaction produces some chloroform (enough that you should not

I'm a bit rusty (worked as a chemist 2011-2015 before going into compsci) but I believe that this reaction produces some chloroform (enough that you should not mix ethanol and bleach inadvertently), but mostly as a side-reaction. The main reaction will be oxidation to acetaldehyde and then acetate. But it's slow, you probably get a bunch of side-reactions, etc. Acetone is a facile haloform reagent because the carbonyl acidifies ("loosens") the alpha hydrogen which allows the chlorine to attack the carbon.