SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
60-second summary
The SEC is charging Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots. Fuller allegedly promised investors high returns from his AI-powered trading bots, but instead used their funds for personal expenses.
The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.