CryptoWorld News: Cointelegraph reports that the U.S. Securities and Exchange Commission (SEC) states that a man from Texas embezzled $6.2 million of investor funds for personal expenses and was also promoting a fake artificial intelligence crypto trading software.

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GateUser-0b71fc11
· 1h ago
6.2 million people spending money, the quality of life is quite high, too bad it's stolen funds.
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BridgeSideBanter
· 6h ago
AI + Cryptocurrency, the favorite combo of scammers, investors should be more cautious.
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CandleChaser
· 7h ago
Misappropriating funds to promote fake software, completing a closed-loop scam.
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MirrorPetals
· 7h ago
Fake AI is truly a scam, the old script of the crypto circle. Next time, try a new phrase.
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HodlBystander
· 7h ago
If AI trading software is really useful, why doesn't it quietly make a fortune on its own?
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HeavyStakingOnASnowyNight
· 7h ago
AI is now a brick; wherever it's needed, it gets moved there, and scammers are no exception.
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GaslightGuardian
· 7h ago
Investors' money is so easy to take? I suggest just sitting in prison for life.
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GateUser-af0ea0c9
· 7h ago
The SEC moves pretty quickly, but it feels like these cases are never-ending.
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GateUser-4eae4cef
· 7h ago
Isn't Texas a crypto-friendly state? How did this kind of mess happen?
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SeaSaltFlavoredStablecoin
· 7h ago
The SEC's announcements all seem numbingly the same, just a different coat of paint.
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