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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 15
  • 1
  • Share
Comment
Add a comment
Add a comment
FloatingTeacup
· 06-02 04:48
Texas bro is quite the player, embezzling funds while hyping up AI prospects—classic move.
View OriginalReply0
SlippageSailor
· 06-01 20:06
Fake AI trading software... Sounds ridiculous, does anyone really believe it?
View OriginalReply0
ApyDaydreamer
· 05-31 11:08
The SEC has caught another one. 6.2 million—whether that’s a lot or a little, it’s still not much, and not little, either; but this AI trading software scheme really works every time.
View OriginalReply0
ColdStorage
· 05-31 06:55
6.2 million people spending money, the quality of life is quite high, too bad it's stolen funds.
View OriginalReply0
BridgeSideBanter
· 05-31 02:27
AI + Cryptocurrency, the favorite combo of scammers, investors should be more cautious.
View OriginalReply0
CandleChaser
· 05-31 01:29
Misappropriating funds to promote fake software, completing a closed-loop scam.
View OriginalReply0
MirrorPetals
· 05-31 01:26
Fake AI is truly a scam, the old script of the crypto circle. Next time, try a new phrase.
View OriginalReply0
HodlBystander
· 05-31 01:24
If AI trading software is really useful, why doesn't it quietly make a fortune on its own?
View OriginalReply0
HeavyStakingOnASnowyNight
· 05-31 01:23
AI is now a brick; wherever it's needed, it gets moved there, and scammers are no exception.
View OriginalReply0
GaslightGuardian
· 05-31 01:22
Investors' money is so easy to take? I suggest just sitting in prison for life.
View OriginalReply0
View More
  • Pinned